Just a week after announcing a remarkable financial performance, Bitpanda has unveiled the Bitpanda DeFi Wallet, an innovative tool enabling support for over 5,000 tokens spanning multiple leading blockchain networks.

Summary

  • Launch of Bitpanda DeFi Wallet supporting over 5,000 tokens across various blockchain ecosystems.
  • This launch follows Bitpanda’s record-breaking financial achievement of $426 million in revenue reported earlier this month.

In a recent announcement via a press release shared with crypto.news, Bitpanda, one of Europe’s preeminent cryptocurrency platforms, which offers over 3,200 digital assets, has introduced the Bitpanda DeFi Wallet. This marks the second addition to its suite of Web3 products.

The Bitpanda DeFi Wallet empowers users to trade, earn, and manage their digital assets across numerous blockchains, all within a single app. At launch, it accommodates over 5,000 tokens and supports various blockchain networks, including Ethereum (ETH), Solana (SOL), Polygon (POL), BNB Chain (BNB), Avalanche (AVAX), Optimism (OP), Base (BASE), and Arbitrum (ARB).

Highlighted features of the wallet include:

  • Comprehensive multi-chain DeFi access with plans for additional networks.
  • Smart swaps across 5,000+ tokens, ensuring optimized transaction prices.
  • Self-custodial wallet equipped with an optional Bitpanda Backup feature for safe recovery.
  • Carefully curated DeFi yield pools that undergo thorough transparency reviews.
  • Sponsored gas fees available on selected Layer 2 networks.
  • Simplified integration with existing Bitpanda accounts allowing for transfers without the hassle of manual address input.

In the near future, Bitpanda will introduce a Web3-native loyalty program. This will enable users to earn points through on-chain activities, with staked Vision (VSN) tokens functioning as multipliers to enhance rewards, which will include exclusive benefits and early access to novel offerings.

Recent Milestones Achieved by Bitpanda

The Bitpanda DeFi Wallet’s launch follows a series of pivotal achievements for the company. Earlier this month, Bitpanda reported its most robust financial results to date, generating a staggering $426 million in operating revenue—a 162% increase compared to the previous year—fueled by emerging partnerships and an expanding portfolio of regulated services.

Additionally, the company received a MiCA license from Germany’s BaFin in January, allowing it to operate across all 27 EU member states under a consistent regulatory framework. Moreover, Bitpanda secured a broker-dealer license in Dubai, marking its first fully licensed operation beyond Europe.