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July 16, 2025 – Bitpanda, a leading European digital asset investment platform, today announced the official launch of Vision (VSN), its unified Web3 ecosystem designed to offer a compliant and user-friendly platform for decentralized finance (DeFi). This pivotal development follows a successful initial funding round that raised $3.00 million, valuing the Vision ecosystem at $462 million. The VSN token, formed from the strategic merger of Bitpanda’s Bitpanda Ecosystem Token (BEST) and Pantos (PAN), officially began trading today, marking a new era for accessible and regulated Web3 participation.
Vision (VSN) is Bitpanda’s ambitious answer to the growing demand for a secure, compliant, and intuitive bridge between traditional finance and the rapidly evolving Web3 landscape. By integrating key components like the Bitpanda DeFi Wallet, Vision Protocol for cross-chain liquidity, the Bitpanda Launchpad, and the innovative Vision Chain—a regulated Ethereum Layer 2 solution—Vision aims to empower both retail and institutional users to engage confidently with decentralized technologies.
Unifying for a Powerful Future: BEST + PAN = VSN
The VSN token is the cornerstone of this new ecosystem, born from the strategic merger of BEST and PAN. This unification simplifies the token landscape and creates a single, powerful utility token with enhanced flexibility, governance, and utility across platforms. The merge window opened on July 9, 2025, with trading for BEST and PAN ceasing on July 16, 2025, at 10:00 CEST, immediately preceding the commencement of VSN trading at 14:00 CEST. Holders were able to convert their tokens at fixed rates: 1 BEST = 4.91 VSN and 1 PAN = 0.89 VSN. The total supply of VSN at launch is 4.2 billion tokens.
Key Components of the Vision Ecosystem:
- Bitpanda DeFi Wallet: A secure and intuitive gateway for users to manage their digital assets and interact with decentralized applications.
- Vision Protocol: Designed to provide seamless cross-chain liquidity, enabling efficient asset transfers across diverse blockchain networks and enhancing interoperability.
- Bitpanda Launchpad: A curated platform for the launch of high-quality, vetted token projects, offering Vision users early access to promising opportunities.
- Vision Chain: A groundbreaking regulated Ethereum Layer 2 blockchain. This crucial component addresses regulatory concerns, providing a secure and legally sound environment for DeFi activities, including real-world asset (RWA) tokenization.
Unlocking Unprecedented Utility and Rewards:
Vision empowers users with a comprehensive suite of functionalities and benefits:
- Real-World Asset (RWA) Tokenization: Facilitating the tokenization of tangible assets, opening new investment avenues and increasing liquidity.
- Governance: VSN token holders gain significant voting power to influence key decisions, including staking rates, reward pools, and protocol upgrades, fostering true decentralized governance.
- Staking Rewards: Users can earn competitive yields of up to 10% APY through flexible, emission-based staking, contributing to network security while generating passive income.
- Utility & Access: VSN can be used to pay fees across the entire Bitpanda Web3 product suite, including the DeFi Wallet, Broker, Protocol, and Vision Chain. Furthermore, the Vision Loyalty Programme unlocks premium features, offering benefits such as 20% trading fee discounts when paying in VSN, XP boosts for missions to earn airdrops, early access to Launchpad projects, and fast-track access to the Bitpanda Club.
The successful $3.00 million funding round and the $462 million valuation underscore investor confidence in Bitpanda’s vision for a compliant and accessible Web3 future. This capital will be deployed to accelerate the development of the Vision Chain, expand ecosystem integrations, and solidify Vision’s position as a leading platform for regulated DeFi and Web3 innovation.
About Vision (VSN)
Vision is Bitpanda’s unified Web3 ecosystem, powered by the VSN token (formed from the merger of BEST and PAN). It integrates the Bitpanda DeFi Wallet, Vision Protocol (for cross-chain liquidity), Bitpanda Launchpad, and Vision Chain (a regulated Ethereum Layer 2). Vision enables users to access RWA tokenization, governance, staking rewards, and curated token launches, creating a seamless bridge between traditional finance and Web3.
About Bitpanda
Bitpanda is a leading European digital asset investment platform headquartered in Vienna, Austria. Founded in 2014, Bitpanda empowers individuals to invest in cryptocurrencies, precious metals, stocks*, ETFs*, and other digital assets with ease and security. With a strong focus on regulatory compliance, user experience, and innovation, Bitpanda is committed to democratizing access to the world of digital assets for everyone. (*Investing in stocks and ETFs is offered via a contract for difference (CFD) and is subject to local regulations.)
Compiled by CMO Intern team
