The number of crypto owners in the Nordics is expected to reach 4.6 million within the next decade.
Key Takeaways
- Bitpanda Technology Solutions expands Coinmotion's crypto offerings to over 400 coins.
- The partnership aims to enhance user experience and safety in crypto trading.
Bitpanda Technology Solutions has teamed up with Coinmotion, a Finland-based top crypto broker, to offer over 400 digital assets to Nordic users, Bitpanda shared in a Wednesday announcement.
The collaboration is aimed at allowing Coinmotion users to access a broader array of digital assets through their existing app. The firm expects the enhanced crypto offerings to help increase user experience and revenue.
“This partnership enables Coinmotion to provide the widest selection of cryptocurrencies in the Nordic region, reflecting our mutual dedication to innovation, the future of digital assets, and, most importantly, user safety,” said Lukas Enzersdorfer-Konrad, CEO of Bitpanda Technology Solutions.
Both companies share a commitment to innovation and ensuring the safety of their users. Enzersdorfer-Konrad added that Bitpanda’s technology platform has made it easy for Coinmotion to expand its offerings, including trading and custody services.
Discussing the partnership, Antti-Jussi Suominen, CEO of Coinmotion, said Bitpanda’s technology will enable Coinmotion to quickly and safely increase its cryptocurrency offerings.
“With Bitpanda’s technology and support we can quickly and safely increase our offering to over 400 cryptocurrencies and continue delivering value to our customers through our user-friendly app and excellent customer service,” Suominen stated.
The Nordic region has seen growth in crypto ownership and engagement. An April study conducted by K33 Research and EY shows that approximately 1.5 million individuals in the Nordics own crypto, representing about 7% of the adult population.
The trend is particularly strong among younger generations, with over 70% of crypto owners being under the age of 40. The survey projects that the number of crypto owners in the Nordics could reach 4.6 million within the next decade.
