Peter Thiel-backed Bitpanda unveils Vision Chain to connect EU banks with tokenized assets

Peter Thiel-backed digital asset dealer Bitpanda has launched Imaginative and prescient Chain, an Ethereum layer 2 community designed to offer a regulated infrastructure the place monetary belongings and establishments can function safely onchain.

Created with the Imaginative and prescient Web3 Basis and constructed on the Optimism stack, Imaginative and prescient Chain delivers a compliant, resilient setting for monetary establishments to challenge and handle digital belongings in keeping with MiCAR, MiFID II, and DORA, whereas minimizing volatility by euro-based stablecoin charges.

The community goals to handle crucial infrastructure gaps which have restricted the adoption of tokenized belongings throughout Europe, mentioned Bitpanda CEO Lukas Enzersdorfer-Konrad in an announcement.

“With Imaginative and prescient Chain, we’re introducing a public blockchain constructed with Europe’s regulatory framework at its core,” he said. “Along with Optimism and the Imaginative and prescient Basis, Bitpanda creates infrastructure that mixes the attain of public blockchains with the requirements establishments require. That is about constructing long-term foundations for Europe’s digital capital markets.”

Fabian Reinisch, President of the Imaginative and prescient Web3 Basis Board, mentioned that Imaginative and prescient Chain advances the inspiration’s mission to develop sustainable onchain infrastructure.

The community gives a unified various to remoted non-public networks, enabling establishments to scale from experimentation to full manufacturing whereas tapping into the worldwide blockchain ecosystem, as famous by the staff.

“Imaginative and prescient Chain displays the rising demand for blockchain infrastructure that meets institutional requirements with out sacrificing the openness of Ethereum. By OP Enterprise, we offer a totally managed deployment mannequin that helps chain operations, infrastructure administration, and ongoing upgrades, permitting companions to deal with product growth and real-world use instances,” Jing Wang, CEO of Optimism, famous.

Constructing a related web3 ecosystem

Imaginative and prescient Chain is a part of Bitpanda’s effort to construct a compliant, accessible web3 ecosystem that bridges conventional finance and decentralised applied sciences.

The ecosystem consists of 5 core parts: a user-friendly non-custodial pockets, Imaginative and prescient Protocol for cross-chain liquidity aggregation, Imaginative and prescient Chain as a compliance-focused L2 blockchain, a Launchpad for early-stage web3 investments, and the Imaginative and prescient token ($VSN), which powers rewards, governance, and participation.

$VSN was buying and selling close to $0.052 at press time, giving it a market capitalization of $186 million, per CoinGecko.

A portion of charges generated throughout the Imaginative and prescient Chain is earmarked for periodic buybacks that completely take away tokens from circulation, a deflationary mechanism meant to hyperlink rising community utilization with upward strain on token values. Staking rewards present a further incentive for long-term holders.

Aggressive place

Imaginative and prescient Chain enters a aggressive however fragmented market.

Main international banks comparable to JPMorgan Chase and Société Générale have developed proprietary tokenisation platforms, however these programs largely function in silos with restricted interoperability and fragmented liquidity.

Bitpanda’s thesis is {that a} shared, regulation-native public community can deal with this by serving as a standard settlement layer, making belongings issued by one participant extra simply accessible.

Bitpanda’s institutional shift

Bitpanda has expanded from a retail-focused brokerage into institutional providers through Bitpanda Enterprise, which helps companions together with N26, Deutsche Börse Group, chosen Raiffeisen banks, and RAKBANK.

The agency reported adjusted income of round €371 million in 2025, whereas its consumer base grew to greater than seven million.

Bitpanda has additionally publicly indicated plans to pursue an IPO on the Frankfurt Inventory Change in 2026, focusing on a valuation between €4 billion and €5 billion.

Disclosure: This text was edited by Vivian Nguyen. For extra info on how we create and evaluate content material, see our Editorial Coverage.