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Kicking off Bitpanda's Web3 product suite is Vision (VSN), the utility and governance token at the heart of the ecosystem.
Vienna, Austria, June 12th, 2025, Chainwire
Bitpanda today announced the launch of Vision (VSN), the utility and governance token that will power its upcoming Web3 product suite. Launching on July 16 with a merge of Bitpanda’s two existing tokens, BEST and Pantos, VSN will launch with deep, native integration across Bitpanda’s platform and upcoming products, unlocking value for users and kicking off the next stage of Bitpanda’s journey.
What users can do with VSN:
* Save on trading fees
* Stake VSN for additional rewards
* Vote on key Bitpanda product updates
* Join the Bitpanda community programs
* Benefit from special offers and promotions
The good news is that there are no actions required by existing Bitpanda BEST and Pantos holders in order to receive VSN. All balances will be automatically converted at a predetermined rate.
Commenting on the launch of Vision, Lukas Enzersdorfer-Konrad, Deputy CEO at Bitpanda, said: “Vision is the engine behind everything we’re building in Web3, like electricity is for many things in modern life. It fuels the ecosystem, connects our products, and rewards users for engaging with the tools we’re building. This includes fee savings and staking, as well as governance and loyalty, which turn into benefits for everyone in the Bitpanda ecosystem and beyond.”
The Bitpanda Web3 ecosystem
While many Web3 projects remain experimental, Bitpanda’s approach is grounded in real utility. Its new ecosystem is built for everyday users and will enable millions of people to enter Web3, designed to enable Web3 to reach the mainstream. With nearly 7 million users, Bitpanda’s aim is to give everyone access in a compliant and secure way, without sacrificing on the user experience.
In addition to Vision (VSN), Bitpanda’s Web3 product suite contains the following components:
* Bitpanda DeFi Wallet: The consumer-grade entry point
An intuitive smart wallet providing everything users need to trade, earn, and manage assets onchain across major blockchain networks, all from a single, intuitive app. Designed for both crypto natives and newcomers, the wallet allows users to trade, earn, and manage assets with institutional-grade security. At launch, the wallet will support over 5,000 tokens across Ethereum, Solana, Polygon, BNB Chain, Avalanche, Optimism, Base, and Arbitrum.
* Vision Protocol: Frictionless, cross-chain trading
Vision Protocol is the underlying liquidity engine of the ecosystem. It aggregates top decentralised exchanges and bridges like 1inch, Jupiter, and Rango to deliver seamless swaps across chains – fully embedded into the Bitpanda DeFi Wallet.
* Vision Chain: Europe’s compliant Layer 2
A dedicated Ethereum Layer 2 network designed for tokenising real-world assets. Vision Chain serves as the compliant backbone for Europe’s onchain finance, bringing securities, commodities, and fiat onchain in one unified layer.
* Bitpanda Launchpad: Onramping innovation
A platform for launching curated, high-quality crypto projects. Bitpanda Launchpad ensures investor protection, project legitimacy, and fast-track access to promising teams and listing on Bitpanda and their partners. For investors, it provides early access to the cutting edge of DeFi innovation, creating a true win-win for builders and users alike.
Eric Demuth, Co-Founder and CEO at Bitpanda, added: “We are highly committed to build the onchain future in a compliant, secure and simple to use way. Just like Apple did with Smartphones. Therefore we have hired a strong team of Web3 industry experts – and this has just been the start for our ambitious plans.”
About Bitpanda
Bitpanda was founded in Vienna in 2014 and is the leading European crypto platform. With a selection of over 3,200 digital assets, including more than 600 crypto assets and numerous stocks*, ETFs*, precious metals, and commodities, the Austrian fintech unicorn offers one of the most comprehensive ranges of digital assets available in Europe. Already trusted by nearly 7 million users and dozens of institutional partners, Bitpanda holds licences in several countries and has a proven track record of working with local regulators to keep assets safe and secure. This makes Bitpanda one of the safest and most strictly regulated trading platforms in the industry. In addition to its headquarters in Vienna, Bitpanda has offices in Amsterdam, Barcelona, Berlin, and Bucharest.
Contact
Director, Corporate CommunicationsPaul WolterBitpandapol.wolter@bitpanda.com
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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