Bunq Goes All-In on Crypto: Teams Up with Kraken to Launch Trading Across Europe!

From Dutch Roots to Crypto Routes: Bunq's Ambitious Expansion

Hang onto your hats, crypto fans! Bunq, the EU's second biggest neobank, is diving headfirst into the world of crypto trading, and they're bringing Kraken along for the ride. This isn't just a toe-dip; it's a full-on splash into the digital currency pool!

With a whopping 17 million users spread across Europe, Bunq isn't playing small. They're launching Bunq Crypto, and it's hitting six European countries right out of the gate: the Netherlands, France, Spain, Ireland, Italy, and Belgium. Get ready, because your crypto trading game is about to level up!

But wait, there's more! Bunq's CEO isn't stopping there. They've got their sights set on the entire European Economic Area. This is just the beginning, folks!

Partnering with the crypto giant Kraken, Bunq is making it lightning fast to open an account – we're talking seconds here. And once you're in, you've got access to over 300 crypto assets, from the big dogs like Bitcoin, Ethereum, and Solana to a whole zoo of other digital currencies. Why the rush into crypto? High demand, baby! Tech EU reports that customers are clamoring for it.

What's driving this crypto craze? Bunq's own research spills the beans: a staggering 65% of Europeans want to manage all their money – banking, savings, and crypto – in one slick platform. It's all about convenience, and Bunq is here to deliver!

But Bunq isn't stopping at Europe's borders. They've got their eyes on the U.S. and U.K. markets too, with applications for operating licenses already in the works. This is a global play, people!

Bunq's founder and CEO, Ali Niknam, has been itching to offer crypto services for a while now. Regulatory hurdles held them back, but with the region's crypto regulations getting clearer, Bunq is ready to break free and make waves.

"The regulatory landscape has changed and is now more open to this kind of innovation; as always, Bunq dived in and now we're the first bank to deliver crypto!" Niknam exclaimed. You heard it here first – Bunq is leading the charge!

And let's not forget, they're not alone in this race. Revolut just launched its own crypto service through a mobile app, available in the U.K. and the broader European Economic Area. They're offering over 400 crypto pairs and 220 digital tokens. The competition is heating up, and it's the users who win!

So buckle up, crypto enthusiasts. Bunq's here to shake things up, and the future of banking is looking more digital by the minute!