Bitpanda Launches EU-Compliant Ethereum Layer 2 for Tokenized Assets

Bitpanda, a Vienna-based financial technology company, has launched Vision Chain, an Ethereum Layer 2 blockchain network designed to enable the issuance and settlement of tokenized real-world assets in compliance with European Union regulations. The platform targets banks, asset managers, fintech firms, and developers seeking to integrate digital assets into traditional finance systems across Europe.

The network, developed in partnership with the Vision Web3 Foundation and blockchain provider Optimism, uses the OP Enterprise model to manage operations and upgrades. This allows participants to focus on product development while leveraging Ethereum's security through a rollup mechanism, which bundles transactions for faster and cheaper processing than the main Ethereum chain. Vision Chain supports Ethereum-compatible smart contracts, on-chain identity verification, and token-level controls to ensure regulatory adherence.

Key features include transaction fees paid exclusively in euro-backed stablecoins that comply with EU standards, reducing exposure to cryptocurrency volatility. The platform facilitates tokenization of assets such as stocks, bonds, real estate, stablecoins, and...