Peter Thiel-backed digital asset broker Bitpanda has launched Vision Chain, an Ethereum Layer 2 network designed to provide a regulated infrastructure where financial assets and institutions can operate securely on-chain.
Created with the Vision Web3 Foundation and built on the Optimism stack, Vision Chain provides a compliant, resilient environment for financial institutions to issue and manage digital assets in accordance with MiCAR, MiFID II and DORA, while minimizing volatility through Euro-based stablecoin fees.
The network aims to address critical infrastructure gaps that have limited the adoption of tokenized assets across Europe, Bitpanda CEO Lukas Enzersdorfer-Konrad said in a statement.
“With Vision Chain, we are introducing a public blockchain built with the European regulatory framework at its core,” he said. “Together with Optimism and the Vision Foundation, Bitpanda is creating infrastructure that combines the reach of public blockchains with the standards that institutions require. This is about building long-term foundations for Europe’s digital capital markets.”
Fabian Reinisch, chairman of the board of the Vision Web3 Foundation, said Vision Chain furthers the foundation’s mission to develop sustainable onchain infrastructure.
The network provides a unified alternative to siled private networks, allowing institutions to scale from experimentation to full production while leveraging the global blockchain ecosystem, as noted by the team.
“Vision Chain reflects the growing demand for blockchain infrastructure that meets institutional standards without sacrificing the openness of Ethereum. Through OP Enterprise, we offer a fully managed deployment model that supports chain operations, infrastructure management and continuous upgrades, allowing partners to focus on product development and best practices,” said Jing Wang, CEO of Optimism.
Building a connected web3 ecosystem
Vision Chain is part of Bitpanda’s efforts to build a compliant, accessible web3 ecosystem that bridges traditional financial and decentralized technologies.
The ecosystem consists of five core components: an easy-to-use non-custodial wallet, Vision Protocol for cross-chain liquidity aggregation, Vision Chain as a compliance-focused L2 blockchain, a Launchpad for early-stage Web3 investments, and the Vision token ($VSN), which enables rewards, governance and participation.
$VSN was trading near $0.052 at the time of writing, giving it a market cap of $186 million per CoinGecko.
A portion of the fees generated in the Vision Chain are earmarked for periodic buybacks that permanently remove tokens from circulation, a deflationary mechanism intended to link rising network usage with upward pressure on token values. Staking rewards provide an additional incentive for long-term holders.
Competitive position
Vision Chain enters a competitive but fragmented market.
Major global banks such as JPMorgan Chase and Société Générale have developed proprietary tokenization platforms, but these systems largely operate in silos with limited interoperability and fragmented liquidity.
Bitpanda’s thesis is that a shared, regulatory-based public network can address this by serving as a common settlement layer, making assets issued by a single participant easier to access.
Bitpanda’s institutional shift
Bitpanda has grown from a retail-focused brokerage to institutional services through Bitpanda Enterprise, which supports partners including N26, Deutsche Börse Group, select Raiffeisen banks and RAKBANK.
The company reported adjusted revenue of approximately €371 million in 2025, while growing its user base to more than seven million.
Bitpanda has also publicly indicated plans to pursue an initial public offering on the Frankfurt Stock Exchange in 2026, targeting a valuation between €4 billion and €5 billion.
Revelation: This article was edited by Vivian Nguyen. For more information about how we create and review content, see our Editorial Policy.
Credit : cryptonews.net
