Deutsche Börse Group's foreign exchange and digital assets unit, 360T, has entered a strategic partnership with Austrian cryptocurrency platform Bitpanda. The collaboration is designed to significantly enhance institutional access to regulated crypto trading across Europe, in direct alignment with the European Union's Markets in Crypto-Assets Regulation (MiCA).
The core of the partnership integrates Bitpanda's digital asset infrastructure with 360T's institutional-grade 3DX platform. The 3DX platform is a MiCA-regulated crypto-asset trading venue specifically designed for institutional investors. This integration provides banks and other financial institutions with a turnkey solution to offer crypto services to their clients without the need to build complex, compliant infrastructure from scratch.
The operational structure establishes a clear division of responsibilities. 360T will manage the institutional trading environment and client relationships on the 3DX platform. Meanwhile, Bitpanda will supply the technological infrastructure that enables these institutions to deliver retail-facing crypto services. This setup allows regulated financial firms to distribute crypto products within a fully compliant framework.
Lukas Enzersdorfer-Konrad, CEO of Bitpanda, emphasized the partnership's significance, stating, "This collaboration represents an essential step towards developing the next generation of institutional crypto infrastructure in Europe." He also highlighted Europe's growing role in shaping global digital asset markets through its regulatory frameworks.
Carlo Kölzer, CEO of 360T, explained the client benefits: "We are providing additional options for clients, especially those looking to offer client-facing crypto services." The companies have also indicated they are exploring an expansion of their cooperation into areas such as system connectivity, workflow integration, and further infrastructure development to create a more seamless experience for institutional clients.
