PANews, March 25: According to CoinDesk, Austrian crypto broker Bitpanda has launched the Vision Chain, a new public blockchain designed for European banks and fintech companies to issue and settle tokenized assets under regulatory frameworks such as MiCA and MiFID II. Built on Optimism’s Ethereum infrastructure, the network uses a compliant Euro-stablecoin to pay for on-chain transaction fees, reducing exposure to native blockchain token price volatility. Bitpanda states that Vision Chain aims to provide institutional players, including traditional brokers and banks, with a 24/7 infrastructure for trading and settling tokenized securities, enabling the on-chain representation of traditional assets such as stocks and funds.
Bitpanda Launches Vision Chain for Tokenized Assets Within the EU Regulatory Framework
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Summary
Bitpanda has launched Vision Chain, a public blockchain built on Optimism’s Ethereum infrastructure, targeting European banks and fintechs under MiCA (EU Markets in Crypto-Assets Regulation). The chain supports the issuance and settlement of tokenized assets under MiFID II, using a compliant euro stablecoin for fees to reduce volatility risk. Bitpanda aims to enable 24/7 trading and settlement for tokenized securities, enhancing liquidity and crypto markets by bringing stocks and funds on-chain.
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