Bunq Launches Crypto Trading With Kraken in 6 EU Nations

TLDR

• Bunq provides crypto buying and selling to its app, powered by Kraken.
• Crypto now stay on Bunq in 6 EU nations.
• Customers should purchase and promote 300+ cash through bunq Crypto.
• Bunq plans to develop crypto service throughout Europe.
• New characteristic meets rising demand for simple crypto investing.

Bunq, Europe’s second-largest neo financial institution after Revolut, has formally launched cryptocurrency buying and selling by its cellular banking platform. The brand new characteristic, known as “bunq Crypto,” went stay on April 29 in six European Union nations: the Netherlands, France, Spain, Eire, Italy, and Belgium. U.S.-based cryptocurrency change Kraken powers the service.

As of tonight…we’re introducing Crypto! ₿ 🚀

Powered by Kraken, ease into the world of digital currencies instantly out of your bunq app — from shopping for to promoting, it is only a faucet away. Discover a variety of cryptocurrencies safely and begin immediately! 💸

Disclaimer: Not funding… pic.twitter.com/w3emuLLT6m

— bunq (@bunq) April 29, 2025

The providing permits Bunq customers to purchase and promote greater than 300 digital belongings, together with Bitcoin, Ethereum and Solana. The platform integrates crypto buying and selling instantly throughout the banking app, permitting customers to handle conventional banking providers and digital asset investments from a single interface. Bunq acknowledged that this transfer addresses prospects’ demand for a safe, user-friendly crypto investing platform that aligns with a licensed financial institution’s simplicity and regulatory assurance.

Growth Technique and Regulatory Compliance

Bunq confirmed plans to develop the crypto characteristic throughout the broader European Financial Space in phases. The neobank has additionally submitted license functions in the USA and the UK, aiming to increase its crypto and banking providers into these markets. The corporate emphasised that bunq Crypto complies with MiCA regulations and is registered as a Digital Asset Service Supplier (VASP), guaranteeing adherence to present EU regulatory frameworks.

Bunq CEO Ali Niknam highlighted that regulatory readability in latest months contributed to the timing of the crypto launch. He added that the financial institution now feels assured in providing digital asset investments to the general public whereas sustaining full compliance as a regulated monetary establishment. The crypto partnership with Kraken combines conventional finance infrastructure with the experience of one of many longest-operating crypto exchanges.

Person Development and Broader Monetary Providing

Based in 2012, Bunq now serves over 17 million customers throughout Europe and holds over €8 billion in person deposits. The neobank provides digital monetary providers together with present and financial savings accounts, debit playing cards and mortgages. The corporate posted web earnings of €85.3 million in 2024, marking its second consecutive 12 months of profitability and reflecting a 65% enhance from the earlier 12 months.

Analysis performed by Bunq discovered that 65% of European residents choose a single platform for managing banking, financial savings and cryptocurrency investments. Over half of these surveyed expressed curiosity in crypto buying and selling however famous that present platforms failed to fulfill their ease-of-use and safety necessities. The introduction of bunq Crypto is designed to reply to this demand.

This initiative follows Bunq’s earlier transfer to supply inventory and exchange-traded product investments. The neobank goals to serve digital nomads and trendy shoppers with an all-in-one platform to avoid wasting, spend, and make investments. Including crypto buying and selling aligns with a broader business pattern of conventional monetary platforms integrating digital asset providers.