Coinpanion taps Bankhaus Scheich for liquidity, execution, and infrastructure for crypto trading

Rick Steves

“As Bankhaus Scheich and tradias, we want to make financial products directly and cost-effectively investable, more transparent and more liquid for everyone, thus contributing to the democratisation and liberalisation of the investment market.”

Crypto startup Coinpanion has partnered with Frankfurt-based Bankhaus Scheich – together with its FinTech arm, tradias – who will act as liquidity provider, order executor and IT provider for B2B2C crypto trading for Coinpanion.

Bankhaus Scheich is a regulated OTC trading platform and cryptocurrency market maker in Europe, offering a marketplace for digital assets to professional investors.

The top 3 specialist on the Frankfurt Stock Exchange (FWB) aims to further expand the investment universe for digital assets and combine the traditional world of finance with the world of digital assets.

tradias is the fintech operation of Bankhaus Scheich

Coinpanion is a Vienna-based fintech founded in 2019 that provides customers with a range of different crypto portfolios from various categories and risk classes.

Customers are supported throughout the entire process: from simple market entry and ongoing optimization of crypto investments to automated tax reporting.

The platform’s wide range of smart portfolios revolve around innovative technologies such as NFTs, the Metaverse, and cryptocurrencies, and the onboarding process takes less than five minutes.

Alexander Valtingojer, CEO of Coinpanion, commented: “With Bankhaus Scheich and its FinTech-arm tradias, we have a renowned partner and regulated financial service provider with direct access to the international capital market at our side. Connections to all major trading venues in the world as well as relevant expertise in order execution are exactly what is needed for Coinpanion’s expansion into new markets.”

Nils von Schoenaich-Carolath, Managing Director Digital Assets at Bankhaus Scheich, said: “With Coinpanion, we welcome an innovative partner who, just like us, is focused on growth. Together, we want to open up the European region even more and offer investors the security of a regulated market environment in the investment and trading of cryptocurrencies.

“As Bankhaus Scheich and tradias, we want to make financial products directly and cost-effectively investable, more transparent and more liquid for everyone, thus contributing to the democratisation and liberalisation of the investment market.”

tradias is a fully comprehensive, regulated trading platform powered by the Bankhaus Scheich that enables professional investors to trade digital assets.

Bankhaus Scheich offers professional investors a one-stop marketplace for digital assets, such as cryptocurrencies and security tokens, in a secure and regulated environment through its service platform tradias. 

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