According to Bitpanda, Vision Chain was launched with the Vision Web3 Foundation and Optimism to support MiCA-compliant tokenized asset issuance and settlement infrastructure for European banks and fintechs.
Bitpanda announced Vision Chain in partnership with the Vision Web3 Foundation and Optimism as infrastructure for issuing and settling tokenized assets for European banks and fintechs. According to the announcement reported on March 25, the network is designed for MiCA-compliant operations and uses a euro stablecoin for gas fees. The project is aimed at regulated tokenized asset issuance and settlement in Europe, extending Bitpanda’s previously described use of Optimism-based Ethereum infrastructure for blockchain-based financial services.