Bitpanda, a leading European digital asset platform with 7 million users, has announced the launch of its new Bitpanda DeFi Wallet – a non-custodial solution designed to provide straightforward access to onchain finance.
This development introduces a range of DeFi use cases to an audience that has already embraced digital assets, yet now seeks a more direct, non-custodial approach. The new wallet enables users to securely store and manage their crypto, bridge assets onchain and back via Bitpanda Connect, and avoid seed phrase lockouts through the optional Bitpanda Backup feature.
Key features of Bitpanda DeFi wallet at a glance
- Non-custodial design
Users hold their own private keys, ensuring full ownership and control of funds without relying on an intermediary. - Bitpanda Connect
A native flow for transferring assets between Bitpanda’s centralized platform and onchain networks. - Bitpanda Backup
An optional, secure backup solution that prevents permanent wallet lockouts due to lost seed phrases – striking a balance between ultimate self-custody and peace of mind. - Integration with leading chains
The wallet supports major EVM-compatible networks, as well as Solana, broadening DeFi possibilities for Bitpanda’s user base. - Earn functionality, powered by Kiln
Through a longstanding partnership with Kiln, the DeFi Wallet provides built-in yield opportunities for stablecoins and other popular tokens.
Vision, the recently launched token fuelling Bitpanda’s Web3 product suite, will power a gamified loyalty programme that rewards onchain activity and reinforcing the platform’s broader push into onchain finance.
Earn goes onchain, powered by Kiln DeFi
Bitpanda has extended its long-standing collaboration with Kiln – previously focused on staking services – to incorporate onchain yield opportunities directly into the new wallet. With the Bitpanda DeFi Wallet, this partnership evolves further by natively embedding Kiln’s infrastructure into the product’s “Earn” section. By integrating yield-earning strategies within the wallet, Bitpanda is offering:
- Simple yield opportunities for everyone: allowing users to gain exposure to onchain returns on stablecoins and popular crypto assets – an alternative to leaving funds idle or dealing with limited traditional yield options.
- Access to DeFi without DeFi complexity: users can deposit major assets (such as USDC, USDT, LBTC, wETH) without juggling multiple platforms.
- Onchain transparency: smart contract operations are fully public, giving users greater confidence in where their assets reside and how yield is generated.
- Protocols meeting users where they are: multiple protocols – including Morpho – are accessible through the wallet interface on Ethereum Mainnet and Base.
- Security and reliability: Kiln’s technology has undergone rigorous audits, ensuring Bitpanda’s community can pursue yields with trust and confidence.
In this way, DeFi becomes more accessible than ever for millions of crypto enthusiasts already familiar with Bitpanda’s brand and platform.
Bitpanda has built a strong reputation among crypto users in Europe, and the introduction of this DeFi wallet is a bold move toward making onchain opportunities more accessible. We’re excited to support Bitpanda with a secure, straightforward integration of leading DeFi vaults through Kiln. We see this as an important milestone in expanding broader access to onchain opportunities for users, and we believe this momentum will only accelerate in the future. — Laszlo Szabo, Co-founder & CEO at Kiln
A milestone for Kiln DeFi
At the end of 2024, Kiln took a strategic bet on DeFi becoming more widespread, observing rising institutional demand as well as retail users turning to DeFi not just for trading, but to manage their digital asset holdings. Upholding our mission of democratizing access to value creation – and continuing to expand upon staking – Kiln is rapidly making DeFi available by launching multiple products in recent months, including this latest integration with Bitpanda.
Together, these offerings are driving industry adoption and serving a majority of crypto users, which is why Kiln DeFi is becoming a fundamental backbone of everyday finance for millions. As the space continues to evolve, ensuring top-tier security standards and user convenience remains Kiln’s highest priority. Kiln also believes that onchain finance will not remain a niche aspect of crypto but will instead serve as a core tool for future finance – unleashing new opportunities for partners, institutions, and users alike.
About Bitpanda
Bitpanda is making the world of decentralised finance accessible to all, with a wallet that feels like an app, not a developer tool. Founded in Vienna in 2014 and is the leading European crypto platform. With a selection of over 3,200 digital assets, including more than 600 crypto assets and numerous stocks*, ETFs*, precious metals and commodities, the Austrian fintech unicorn offers one of the most comprehensive ranges of digital assets available in Europe. Already trusted by over 7 million users, and dozens of institutional partners, Bitpanda holds licences in several countries, and has a proven track record of working with local regulators to keep assets safe and secure. This makes Bitpanda one of the safest and most strictly regulated trading platforms in the industry. In addition to its headquarters in Vienna, Bitpanda has offices in, Barcelona, Berlin and Bucharest.
About Kiln
Kiln is the leading staking and digital asset rewards management platform, enabling institutional customers to earn rewards on their digital assets, or to white-label earning functionality into their products.
Kiln runs validators on all major PoS blockchains, with over $16 billion in digital assets being programmatically staked and running more than 5% of the Ethereum network on a multi-client, multi-cloud, and multi-region infrastructure.
Clients of Kiln also enjoy a validator-agnostic suite of products for fully automated deployment of validators and reporting and commission management, enabling custodians, wallets, and exchanges to streamline staking or DeFi operations across providers. Kiln is SOC2 Type II compliant.
About Kiln
Kiln is the leading staking and digital asset rewards management platform, enabling institutional customers to earn rewards on their digital assets, or to whitelabel earning functionality into their products. Kiln runs validators on all major PoS blockchains, with over $11 billion in crypto assets being programmatically staked and running over 5% of the Ethereum network on a multi-client, multi-cloud, and multi-region infrastructure. Kiln also provides a validator-agnostic suite of products for fully automated deployment of validators and reporting and commission management, enabling custodians, wallets, and exchanges to streamline staking or DeFi operations across providers. Kiln is SOC2 Type 2 certified.
