Bunq Enters Crypto Market With Kraken Partnership, Launches ‘Bunq Crypto’ in Europe

Abiola
3 Min Read

In a bold move aligning with surging user demand, Bunq, the second-largest neobank in the European Union, has officially entered the crypto trading space.

The Dutch-based digital bank has teamed up with U.S. crypto exchange Kraken to launch Bunq Crypto, a new feature that allows users to trade over 300 cryptocurrencies — including heavyweights like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) — directly from the Bunq app.

Initially, Bunq Crypto will be rolled out in six European countries: the Netherlands, France, Spain, Ireland, Italy, and Belgium. But the company has bigger ambitions. Bunq’s CEO and founder, Ali Niknam, confirmed that the service will soon expand across the entire European Economic Area (EEA).

“The regulatory landscape has changed and is now more susceptible to this kind of innovation. As always, Bunq dived in — and now we’re the first bank to deliver crypto!” — Ali Niknam, Founder & CEO of Bunq

With over 17 million users across Europe, the bank aims to make crypto trading as seamless as mobile banking. Users can open a crypto account “within seconds” and begin trading directly in the app.

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According to a Tech EU report, Bunq’s decision was driven by strong user interest. Internal research revealed that 65% of Europeans want to manage all their financial needs — including banking, savings, and cryptocurrency investments — within a single platform.

Bunq had long considered entering the crypto space, but regulatory uncertainties kept the company on the sidelines. With the MiCA (Markets in Crypto-Assets) regulation now offering clearer guidelines within the EU, the bank is ready to fully embrace crypto innovation.

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Bunq’s crypto ambitions aren’t limited to Europe. The bank has applied for operating licenses in the United States and the United Kingdom, signaling plans to expand its crypto services globally.

This comes at a time when other fintech players, such as Revolut, are also scaling their crypto offerings. Revolut recently launched a crypto trading app supporting over 400 crypto pairs and 220 tokens for users in the U.K. and broader EEA.

As traditional banking and crypto finance continue to converge, Bunq’s entry into the digital asset space underscores a broader trend — one where users seek one-stop financial platforms that seamlessly blend old and new. With its user-centric model and Kraken’s robust trading infrastructure, Bunq Crypto could quickly become a major player in Europe’s crypto banking revolution.


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