Bitcoin (BTC), XRP, other cryptos to be offered by this European bank BTC XRP $BTC $XRP XRPArmy
, Raiffeisenlandesbank NÖ-Wien, a member of Austria's top banking group, has become the first major traditional bank in the European Union to enter the world of digital assets.
RLB NÖ-Wien is poised to break new ground by including cryptocurrencies and other asset classes in its digital investing offering, which will be a first among traditional banks in the EU. RLB NÖ-Wien will join the list of banks such as the German digital bank N26, German cloud banking platform Mambu, UK fintech Plum, Italian neo-bank Hype, and more that have introduced investment platforms via Bitpanda tech.
Currently, Bitpanda covers more than 2,500 assets spread across five asset classes, including cryptocurrency, stocks, exchange-traded funds, metals and commodities. Bitcoin, XRP and many other cryptocurrencies are supported by Bitpanda.The mix between traditional finance and blockchain is producing much-desired results.
Franklin Templeton's money-market fund, the Franklin on-chain U.S. Government Money Fund , which was established in 2021 and made available to the public last year, now has around $270 million in total assets. The fund processes transactions and keeps track of ownership using the Stellar blockchain network.
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