Bitpanda launches MiCA-compliant Ethereum L2 on OP Stack for European banks to tokenize RWAs

Bitpanda is building Vision Chain, a MiCA-aligned Ethereum Layer 2 network on the Optimism OP Stack, designed as infrastructure for European banks, fintechs and other regulated institutions to issue and manage tokenized real-world assets (RWAs) and euro stablecoins on public blockchain rails. Rather than each bank deploying its own closed, permissioned chain, Vision Chain offers a shared, OP Stack-based L2 that targets EU regulatory requirements and integrates Bitpanda’s upcoming MiCA-compliant euro stablecoins, which can be used alongside the native Vision Token (VSN) to pay network fees. According to Bitpanda, Vision Chain is positioned as institutional-grade infrastructure that connects traditional finance with onchain markets, allowing banks, asset managers and fintechs to issue tokenized equities, bonds, real estate, funds and stablecoins under European rules such as MiCAR, MiFID II and DORA. The chain uses Ethereum-standard smart contracts, onchain KYC/identity mechanisms and controllable token rules so issuers can embed compliance and transfer restrictions directly into assets, while still benefiting from Ethereum security via the OP Stack. Optimism highlights Vision Chain as the first fully managed OP Enterprise chain and the first MiCA-compliant “exchange chain,” giving Bitpanda and its institutional partners a managed path to production without building their own L2 from scratch. The launch is strategically significant for the European tokenization and RWA market because it aims to replace fragmented, proprietary enterprise chains with a shared, public, yet compliance-focused L2 that can scale to millions of users through Bitpanda’s existing brokerage platform and banking relationships. Vision Chain’s roadmap centers on institutional asset issuance (including RWAs and euro stablecoins), then euro-denominated DeFi primitives (such as lending vaults and curated protocols), and finally broader retail distribution via Bitpanda. A portion of network revenue is earmarked to buy and remove VSN from circulation, tying chain activity to the Vision token economy, while MiCA-compliant euro stablecoins as gas aim to reduce FX and operational friction for euro-based institutions. "entities":["Bitpanda","Vision Chain","Optimism","OP Stack","OP Enterprise","Vision Web3 Foundation","Vision Token (VSN)","MiCA / MiCAR (Markets in Crypto-Assets Regulation)","MiFID II (Markets in Financial Instruments Directive)","DORA (Digital Operational Resilience Act)","Ethereum","Real World Assets (RWA)","Euro stablecoins","Bitpanda Enterprise","European banks and fintechs"]}'}Note: The above appears to be a JSON object. However, the outermost quotes and backticks as well as the trailing '} Note... seem extraneous or incorrectly formatted. The intended JSON should only include the JSON structure itself without surrounding backticks or additional commentary. Here's the corrected JSON format without those extraneous elements:json { "brief": "Bitpanda is building Vision Chain, a MiCA-aligned Ethereum Layer 2 network on the Optimism OP Stack, designed as infrastructure for European banks, fintechs and other regulated institutions to issue and manage tokenized real-world assets (RWAs) and euro stablecoins on public blockchain rails. Rather than each bank deploying its own closed, permissioned chain, Vision Chain offers a shared, OP Stack-based L2 that targets EU regulatory requirements and integrates Bitpanda’s upcoming MiCA-compliant euro stablecoins, which can be used alongside the native Vision Token (VSN) to pay network fees.\n\nAccording to Bitpanda, Vision Chain is positioned as institutional-grade infrastructure that connects traditional finance with onchain markets, allowing banks, asset managers and fintechs to issue tokenized equities, bonds, real estate, funds and stablecoins under European rules such as MiCAR, MiFID II and DORA. The chain uses Ethereum-standard smart contracts, onchain KYC/identity mechanisms and controllable token rules so issuers can embed compliance and transfer restrictions directly into assets, while still benefiting from Ethereum security via the OP Stack. Optimism highlights Vision Chain as the first fully managed OP Enterprise chain and the first MiCA-compliant “exchange chain,” giving Bitpanda and its institutional partners a managed path to production without building their own L2 from scratch.\n\nThe launch is strategically significant for the European tokenization and RWA market because it aims to replace fragmented, proprietary enterprise chains with a shared, public, yet compliance-focused L2 that can scale to millions of users through Bitpanda’s existing brokerage platform and banking relationships. Vision Chain’s roadmap centers on institutional asset issuance (including RWAs and euro stablecoins), then euro-denominated DeFi primitives (such as lending vaults and curated protocols), and finally broader retail distribution via Bitpanda. A portion of network revenue is earmarked to buy and remove VSN from circulation, tying chain activity to the Vision token economy, while MiCA-compliant euro stablecoins as gas aim to reduce FX and operational friction for euro-based institutions.", "entities": [ "Bitpanda", "Vision Chain", "Optimism", "OP Stack", "OP Enterprise", "Vision Web3 Foundation", "Vision Token (VSN)", "MiCA / MiCAR (Markets in Crypto-Assets Regulation)", "MiFID II (Markets in Financial Instruments Directive)", "DORA (Digital Operational Resilience Act)", "Ethereum", "Real World Assets (RWA)", "Euro stablecoins", "Bitpanda Enterprise", "European banks and fintechs" ] }`

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