Bitpanda launches Vision Chain, a public blockchain, connecting with EU banks and tokenized assets.

PANews reported on March 25th that, according to CoinDesk, Austrian crypto brokerage Bitpanda has launched a new public blockchain, Vision Chain, targeting European banks and fintech companies for issuing and settling tokenized assets under regulatory frameworks such as MiCA and MiFID II. The network is built on Optimism's Ethereum infrastructure and uses a compliant Euro stablecoin to pay on-chain transaction fees, mitigating the price volatility risk of the blockchain's native token. Bitpanda stated that Vision Chain aims to provide traditional brokerages, banks, and other institutions with 24/7 trading and settlement infrastructure for tokenized securities, promoting the on-chain trading of traditional assets such as stocks and funds.

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