Raiffeisen Will Give 18 Million Customers Access to Cryptocurrency Investments

Raiffeisen Bank will provide its customers with access to cryptocurrency investments as part of a partnership with the brokerage firm Bitpanda, according to a joint statement from the companies. Raiffeisen’s 18 million customers in Central and Eastern Europe will be able to purchase digital assets through the bank’s infrastructure. The service will be rolled out in phases across the group’s subsidiaries in the region.

Bitpanda already provides similar access to cryptocurrencies to customers of several banks, including Germany's N26, as well as Austrian regional banks that are Raiffeisen's largest shareholders, Bloomberg notes.

The partnership has become one of the first major initiatives of Raiffeisen's newly appointed CEO, Michael Hellerer. He is expected to present the bank's new strategy in September, according to .

Bitpanda also aims to expand its partnerships with banks and offer retail investors other asset classes to diversify their portfolios amid volatility in the cryptocurrency market. The company had been preparing to announce an IPO date in Frankfurt in the first half of 2026, Bloomberg previously reported, citing sources. However, the decision was subsequently postponed due to unfavorable market conditions, former CEO Enzersdorfer-Konrad told Bloomberg in September. Over the past year, cryptocurrency prices and trading volumes have declined, and Bitcoin has fallen by approximately 38% from its record high.

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