Peter Thiel-backed Bitpanda unveils Vision Chain to connect EU banks with tokenized assets

Bitpanda, backed by Peter Thiel, has launched Vision Chain, an Ethereum layer 2 network designed to provide a regulated infrastructure for financial institutions to operate with digital assets. Built on the Optimism stack and in compliance with MiCAR, MiFID II, and DORA, Vision Chain aims to bridge the gap between traditional finance and decentralized technologies. The network seeks to address infrastructure limitations hindering the adoption of tokenized assets in Europe by offering a compliant and resilient environment. Bitpanda’s ecosystem includes a non-custodial wallet, Vision Protocol, Vision Chain, a Launchpad, and the Vision token (VSN). The VSN token incorporates deflationary mechanisms through buybacks and staking rewards. Vision Chain aims to provide a unified, regulation-native public network, contrasting with siloed proprietary platforms developed by major banks, and Bitpanda is expanding its services to institutional clients, with plans for an IPO in 2026.

(Source：Crypto Briefing)