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Raiffeisenlandesbank Plans to Introduce Bitcoin Trading in Early 2024

Raiffeisenlandesbank Plans to Introduce Bitcoin Trading in Early 2024

Raiffeisen Bank’s subsidiary, RLB NÖ-Wien, is set to introduce cryptocurrency trading services to its retail clients in early 2024. The bank has signed a cooperation agreement with Austrian crypto firm Bitpanda and plans to offer a digital investment platform. The rollout will begin in Vienna and eventually be made available to all RLB NÖ-Wien customers. Raiffeisen Bank’s move into crypto reflects the growing adoption of Bitcoin and other cryptocurrencies. The bank, one of the oldest in Europe, has over $280 billion in assets under management and $248 billion in client loans.

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