Coinpanion the crypto startup that makes it easy to get into the world crypto investments. Bankhaus von der Heydt, one of Germany’s oldest banking houses (founded in 1754), are collaborating to create an operational partnership. Coinciding with today’s announcement of Coinpanion’s launch in Germany, the Munich-based bank will assume the role of custodian in the cooperation, holding investors’ euro and crypto deposits in safekeeping and ensuring payouts to Coinpanion’s customers. Von der Heydt will also act as a financial commissioner agent for cryptocurrency trading. Bankhaus von der Heydt is one of Europe’s leading privately owned banks, whose range of services includes traditional and digital asset banking, securitisation and fund services.
Alexander Valtingojer CEO of Coinpanion states the following about the cooperation:
“The cooperation between Coinpanion and one of the oldest banking houses in Germany is a strong and very important signal to the entire financial industry. Bankhaus von der Heydt, one of Germany’s first banks to offer cryptocurrency trading and related custody service, was founded in 2009. It is a great honour to partner with such a renowned and simultaneously highly innovative company.”
The Bankhaus von der Heydt in Munich has been putting a lot of emphasis on new technologies since 2019. It also sees itself as a partner bank to both institutional customers and FinTechs. Bankhaus von der Heydt, among other things, allows its partners the ability to trade cryptocurrencies as well as keep them in safekeeping.
Sebastian Hailer, Vice President Bankhaus von der Heydt, speaks out about the partnership.
“We see digital assets gaining greater importance. Market entry can be difficult due to high complexity and regulatory requirements. We stand with our FinTech clients and institutional clients as an expert partner in simplifying complexity and creating a successful market entry. The partnership with Coinpanion is of great importance to us, as we are convinced of the innovative approach and see a sustainable market value in the business model.”
Coinpanion is a platform that makes it easy to enter the cryptocurrency market.
In 2019, the FinTech Coinpanion, which was established in Vienna, allows anyone to enter the complicated world of cryptocurrency. The company offers a variety of crypto portfolios, from different risk classes and categories. Coinpanion’s customers are supported throughout the entire process: from simple market entry and ongoing optimisation of crypto investments to automated tax reporting. Coinpanion’s smart portfolios are designed around innovative technologies, such as NFTs and the Metaverse. Coinpanion is focused on providing a worry-free package that includes automated savings plans, tax reports and portfolios. According to the company’s website, getting started should take less that five minutes.