Bitpanda Pro to provide a highly liquid and regulated exchange to The Rock Trading

• Bitpanda Pro welcomes The Rock Trading to the exchange and will provide this institutional trader access to the best liquidity conditions.

• With a valuation of $4.1 billion, Bitpanda leverages its leading position in terms of regulation and compliance to become the number one exchange in Europe.

• Bitpanda Pro has a proven track record of building relationships with European financial institutions: this partnership comes only one month after Bitpanda announced its first ever White Label partnership with Italian fintech Fabrick.

Bitpanda Pro’s solution for The Rock Trading

Launched in August 2019, Bitpanda Pro has grown into a highly liquid marketplace for crypto-assets, and was able to quadruple the average daily trading volume and triple the numbers of active traders in the first half of 2021.

The Rock Trading has been the longest-running cryptocurrency exchange in Europe. Their commitment is to ensure that everyone from Europe can access the world of cryptocurrencies - simply and in full compliance with the legislation.

Bitpanda Pro will provide a powerful and yet easy solution that will integrate low latency API in combination with deep liquidity on the most popular trading pairs, and will have state-of-the-art security measures in place while keeping funds offline in cold storage.

Orlando Merone, Bitpanda Country Manager Italy, said:

“Bitpanda Pro is 100% built in house, we know its ins and outs, we are not dependent on third parties, and we are fully regulated in the EU with an impeccable track record. This partnership means our efforts are recognized by one of the most important institutional players in Italy and marks a further step of the acceleration of the digital transformation in the Italian ecosystem of digital asset management.”

Andrea Medri, CEO of The Rock Trading, added:

“The Rock Trading, for the past ten years, has been working with the objective to create a new industry in the European market in accordance with rules and regulations. The synergy between Bitpanda and The Rock Trading is a clear example of active cooperation, common interests toward transparency and opportunities for its customer base, providing a safe and reliable environment to access the crypto market.”

Bitpanda: hypergrowth and our latest achievements

In this phase of hypergrowth, Bitpanda is designing for scale while optimising for growth. It’s in this exciting, fast growing environment that Bitpanda recently and proudly welcomed Joshua Barraclough, former J.P. Morgan, as the new CEO of Bitpanda Pro, who is joining the team with the ambitious goal of turning Pro into the number #1 exchange in Europe and beyond.

Founded in 2014 in Vienna, Austria by Eric Demuth, Paul Klanschek and Christian Trummer, Bitpanda removes the barriers to investing by harnessing the innovative power of digitised assets and blockchain technology. With more than 600 team members, talent hubs and offices in 8 cities across Europe, a remote-first Blockchain Research & Development Hub, and over 3 million users, the company is one of Europe's fastest growing fintechs.

After becoming the first unicorn of Austria at the beginning of the year and being voted best Austrian startup to work for in 2021, Bitpanda achieved another major milestone by reaching the valuation of $4.1 billion in a Series C investment round.