Bitpanda Smashes Profit Records—Now Gunning for Global Crypto Domination

Bitpanda isn’t just profitable—it’s printing money. The Vienna-based crypto exchange just posted record earnings, and now it’s eyeing markets beyond Europe. Watch out, Coinbase.

From Bootstrapped to Billions

No VC bailouts needed here. Bitpanda’s self-funded grind paid off—profits are soaring while rivals bleed out in the 'crypto winter.' Guess frugality beats hype after all.

Expansion Playbook: Aggressive. Unapologetic.

New licenses. More fiat rails. A hiring spree while others fire. Bitpanda’s betting big that regulators will finally stop moving goalposts—or at least take bribes in ETH.

The Punchline?

While TradFi banks still 'blockchain-pilot' their way to irrelevance, Bitpanda’s scaling like a DeFi protocol—minus the rug pulls. Ironic, isn’t it?

Partnerships and permits drive Bitpanda growth

Bitpanda said its revenue growth was fueled by a combination of regulated product offerings, market expansion, and a wave of institutional partnerships. These include ties with traditional financial institutions and deals with various banking giants, including its 2024 partnership with Germany’s Deutsche Bank to process fiat transfers.

New market entries also contributed to the jump in revenue, with the exchange expanding its regulatory footprint by acquiring licenses in several jurisdictions, including the UAE and the EU, as previously reported by crypto.news.

Looking ahead, Bitpanda now plans to expand further across the EU and UK in the NEAR future. With its already acquired MiCA license and regulatory approval from the UK’s Financial Conduct Authority, it aims to grow its offerings across untapped markets in these regions while focusing on regulated, long-term growth.