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Bunq Teams Up with Kraken for Crypto Launch

Bunq Teams Up with Kraken for Crypto Launch

DeFi PlanetDeFi Planet2025/05/01 06:44
By:DeFi Planet

Dutch neobank Bunq, the second-largest in the European Union, is making a major move into the crypto market through a new partnership with leading exchange Kraken. Serving over 17 million users across Europe, the fintech firm is launching “Bunq Crypto,” a trading platform that will initially debut in six countries: the Netherlands, France, Spain, Ireland, Italy, and Belgium.

Dutch neobank Bunq, the second-largest in the European Union, is making a major move into the crypto market through a new partnership with leading exchange Kraken. Serving over 17 million users across Europe, the fintech firm is launching “Bunq Crypto,” a trading platform that will initially debut in six countries: the Netherlands, France, Spain, Ireland, Italy, and Belgium.

Expanding on this rollout, Bunq CEO Ali Niknam confirmed that the service will soon be available throughout the entire European Economic Area, further signalling the bank’s commitment to digital asset integration.

Developed in collaboration with Kraken, Bunq Crypto promises a seamless user experience, allowing customers to open an account within seconds and trade over 300 digital assets. These include top cryptocurrencies such as Bitcoin, Ethereum, and Solana. The launch follows strong customer demand, as reported by Tech EU, which highlighted the growing appetite for crypto services among Bunq’s user base.

Supporting this move, internal research conducted by the bank found that roughly 65% of Europeans prefer to manage all aspects of their financial lives—banking, savings, and crypto investments—through a single, unified platform.

In line with its broader growth strategy, Bunq also aims to expand its crypto services to the U.S. and U.K. markets. The company has already applied for operating licenses in both regions, signalling its intent to become a global player in crypto trading.

According to Niknam, the bank had long planned to offer digital asset services but had delayed them due to regulatory ambiguity. Now, with more defined regulations across Europe, Bunq is confident in its decision to move forward.

The regulatory landscape has changed and is now more susceptible to this kind of innovation; as always Bunq dived in and now we’re the first bank to deliver crypto!”

he said.

Meanwhile, Kraken is also strengthening its position in the U.K. market. The exchange recently secured an Electronic Money Institution (EMI) license from the Financial Conduct Authority (FCA), a development that enhances its ability to issue electronic money and process faster client deposits and withdrawals.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter , LinkedIn , Facebook , Instagram , and CoinMarketCap Community.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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