Bitpanda Launches Vision Token for Web3 Ecosystem

Bitpanda, a leading European crypto platform, has announced its foray into the Web3 ecosystem with the launch of its utility and governance token, Vision (VSN). Scheduled to go live on July 16, 2025, the VSN token will serve as the backbone of Bitpanda’s onchain infrastructure, connecting wallets, trading, cross-chain liquidity, and tokenized assets. This move is part of Bitpanda’s broader ambition to create a user-first, fully compliant Web3 ecosystem that is accessible to everyone.
The Vision (VSN) token will offer users a range of benefits, including fee discounts, staking rewards, governance rights, early access to vetted Web3 token launches, and participation in exclusive token drops and reward programs. Lukas Enzersdorfer-Konrad, Deputy CEO at Bitpanda, described VSN as the engine behind Bitpanda’s Web3 initiatives, comparing it to electricity in modern life, fueling the ecosystem and rewarding users for their engagement.
Bitpanda’s Web3 ecosystem is designed to provide real utility and enable millions of people to enter the Web3 space. The ecosystem includes several components, such as the Bitpanda DeFi Wallet, Vision Protocol, Vision Chain, and Bitpanda Launchpad. The Bitpanda DeFi Wallet is an intuitive smart wallet that supports over 5,000 tokens across major blockchain networks, offering institutional-grade security. Vision Protocol acts as the liquidity engine, aggregating top decentralized exchanges and bridges for seamless cross-chain swaps. Vision Chain is a compliant Ethereum Layer 2 network designed for tokenizing real-world assets, while Bitpanda Launchpad is a platform for launching curated, high-quality crypto projects, ensuring investor protection and project legitimacy.
Eric Demuth, Co-Founder and CEO at Bitpanda, emphasized the company’s commitment to building a compliant, secure, and user-friendly onchain future. He highlighted the hiring of a strong team of Web3 industry experts as a significant step towards achieving their ambitious plans. Bitpanda, founded in 2014, is already trusted by over 6.5 million users and holds licenses in several countries, making it one of the safest and most strictly regulated trading platforms in the industry. With offices in multiple European cities, Bitpanda continues to expand its reach and influence in the crypto space.

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