- Crypto startup aims to provide easy entry into the world of crypto investments
- Bankhaus Scheich / tradias secure regulated market environment and become liquidity provider, order executor as well as IT provider for B2B2C crypto trading for Coinpanion
- Operational partnership to accelerate expansion into European region
Vienna/Frankfurt a.M., April 28, 2022 | Coinpanion, the crypto startup for easy entry into the world of crypto investments, and Frankfurt-based Bankhaus Scheich – together with its FinTech arm, tradias – are entering into an operational partnership. According to the release, Bankhaus Scheich/tradias will act as liquidity provider, order executor and IT provider for B2B2C crypto trading for Coinpanion. Bankhaus Scheich is one of Europe’s leading regulated OTC trading platforms and market makers for regulated trading in cryptocurrencies.
Alexander Valtingojer, CEO of Coinpanion, says of the cooperation:
“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.”
Bankhaus Scheich is a top 3 specialist on the Frankfurt Stock Exchange (FWB) and offers, among other, a marketplace for digital assets to professional investors. Together with the FinTech-Service provider tradias – trading digital assets, the company aims to further expand the investment universe for digital assets and combine the traditional world of finance with the world of digital assets. In addition to trading in cryptocurrencies, the bank was responsible for the successful implementation of innovative investment products; for example, the first digital twin via a certificate on a mutual fund or the first corporate convertible bond, according to eWpG in Germany.
Nils von Schoenaich-Carolath, Managing Director Digital Assets at Bankhaus Scheich and project manager at tradias: “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.”
Coinpanion aims to provide easy entry into the world of cryptocurrencies
Founded in 2019, in Vienna, the FinTech Coinpanion endeavours to provide an easy entry into the complex world of cryptocurrencies for everyone, even without prior knowledge. To accommodate this, the company provides its customers with a range of different crypto portfolios from various categories and risk classes. Coinpanion’s customers are supported throughout the entire process: from simple market entry and ongoing optimization of crypto investments to automated tax reporting. The clients can choose from different smart portfolios, which revolve around innovative technologies such as NFTs, the Metaverse and cryptocurrencies. The company focuses on all-round, worry-free packages, providing automated savings plans and free tax reports in addition to the portfolios provided. According to Coinpanion, getting started should take less than five minutes.
The crypto investment start-up Coinpanion was founded in Vienna in 2019 and offers a platform for easy entry into the crypto market for everyone. In the meantime, many millions of euros have already been invested in crypto projects via Coinpanion. Customers are offered a range of different crypto portfolios with various categories. The four-member founding team has set itself the goal of making the highly complex cryptocurrency market accessible to the general public. The rapidly growing FinTech company currently employs 33 people.
More information coinpanion.com
About Tradias GmbH & Bankhaus Scheich Wertpapierspezialist AG
As a fully comprehensive, regulated trading platform from Bankhaus Scheich, tradias enables professional investors to trade digital assets: tradias – trading digital assets.
Bankhaus Scheich, one of the leading securities trading banks on the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse, FWB), offers professional investors a one-stop marketplace for digital assets, such as cryptocurrencies and security tokens, in a secure and regulated environment through its unique service platform, tradias. The knowledge, which has accumulated over more than 35 years, is flowing into a new era of digital assets.
Tradias GmbH is a contractually bound intermediary in the sense of § 3 (2) WpIG and will act in the brokerage of financial instruments in accordance with § 2 (2) No. 3 WpIG exclusively for the account and under the liability of Effecta GmbH, Florstadt.
Media contact (Bankhaus Scheich/tradias)
+49 69 25 72 00 161
Media contact (Coinpanion)
Mag. Karol Walter Nuhn
+43 650 525 42 12