Bitpanda Announces July 2025 Launch of VSN Token for Web3 Ecosystem

Coin WorldFriday, Jun 13, 2025 12:51 am ET
1min read

Bitpanda, a leading digital investment platform, has unveiled plans to launch its native token, Vision (VSN), on July 16, 2025. This token is designed to serve as the utility and governance token for Bitpanda's Web3 ecosystem, integrating deeply with the platform and upcoming Web3 products. The VSN token will combine Bitpanda’s existing tokens, BEST and Pantos, and will offer a range of benefits to users, including a 20% fee discount on Bitpanda.com and Bitpanda’s DeFi Wallet, staking rewards up to 10% APY, governance, launchpad access, loyalty, and airdrops.

Lukas Enzersdorfer-Konrad, Deputy CEO at Bitpanda, highlighted the significance of the VSN token, stating that it is the engine behind everything Bitpanda is building in Web3. He compared it to electricity, fueling the ecosystem, connecting products, and rewarding users for engaging with the tools. This includes fee savings, staking, governance, and loyalty, which turn into benefits for everyone in the Bitpanda ecosystem and beyond.

Ask Aime: Will Bitpanda's Vision token revolutionize Web3 and how can I invest with a 20% fee discount?

The Bitpanda Web3 ecosystem is designed to be user-friendly and compliant, aiming to enable millions of people to enter Web3 and reach the mainstream. The ecosystem already has nearly 7 million users, and Bitpanda intends to provide them with a secure way to trade in crypto without sacrificing the user experience. The Bitpanda Wallet, an intuitive smart wallet, will support over 5,000 tokens across different blockchains at launch, catering to both experienced crypto users and newcomers with institutional-grade security.

The Vision Protocol, the ecosystem’s underlying liquidity engine, aggregates top decentralized exchanges and bridges like 1inch, Jupiter, and Rango to deliver seamless swaps across chains. It is fully embedded in the Bitpanda DeFi Wallet. The Vision Chain, an Ethereum Layer 2 network, is designed for tokenizing real-world assets and serves as the compliant backbone for Europe’s on-chain finance, bringing securities, commodities, and fiat on-chain in one unified layer.

Bitpanda Launchpad, a platform created to launch curated, high-quality crypto projects, ensures protection, project legitimacy, fast-track access to promising teams, and listing on Bitpanda and its partners. It also gives early access to the cutting edge of DeFi innovation, creating a true win-win for builders and users alike. The launch of the VSN token is a significant step towards building a user-first, fully compliant Web3 ecosystem, rooted in real utility and designed to make Web3 accessible for everyone.