RAKBANK, a leading UAE bank active in the digital assets sector, has partnered with Bitpanda, a global digital assets provider, to offer a wide range of digital asset services to RAKBANK customers—pending approval from the Central Bank of the UAE (CBUAE). Once launched, the platform will unlock one of the most comprehensive digital assets offerings available in the UAE market.
The partnership aims to position RAKBANK and Bitpanda at the forefront of financial innovation by enabling banks to engage in the virtual asset economy without developing their own in-house capabilities. RAKBANK representatives emphasized the growing role of digital assets in efficient and secure financial management, highlighting the need for a trustworthy, regulated banking platform for digital asset services.
Bitpanda representatives praised RAKBANK’s history of pioneering crypto innovation in the UAE and underscored their modular technology’s flexibility to tailor products to partners’ needs. Together, they seek to transform crypto access and establish a foundation for future digital financial innovation.
Bitpanda Technology Solutions is a scalable, regulated digital assets infrastructure provider with a global presence, trusted by top financial institutions, banks, neobanks, and fintech companies worldwide.
