Banking giant Santander announced on Sept. 16 that its digital subsidiary Openbank has launched cryptocurrency trading for clients in Germany, with Spain set to follow in the coming weeks. Banco Santander is a commercial bank headquartered in Spain and ranks among the world’s largest by market capitalization. In the first half of 2025, it reported €1.3 trillion ($1.54 trillion) in total funds, 176 million customers, 7,700 branches, and 204,000 employees. Openbank stated:

Starting today, the bank will enable customers to buy, sell or hold bitcoin, ether, litecoin, polygon and cardano together with their other investments.

“And all this without having to transfer money to any other platform, as well as enjoying the backing of Santander and the guarantees and investor protection provided by the European Markets in Crypto-Assets Regulation (MiCA),” the bank clarified.

Coty de Monteverde, head of crypto at Grupo Santander, emphasized the strategic importance of the move: “By incorporating the main cryptocurrencies into our investment platform, we are responding to the demand of some of our customers and continue to strengthen a broad range of products and services through an agile, simple technology platform backed by one of the world’s leading financial groups.”

The company also outlined future developments to broaden its crypto offering:

Over the coming months, Openbank will expand its portfolio of available cryptocurrencies and will offer new functionalities such as conversion between different cryptocurrencies.

The pricing for the service is set at 1.49% per transaction with a €1 minimum and no custody fees. In addition to digital assets, Openbank’s current services for German clients include a robo-advisor, access to more than 3,000 stocks, 3,000 funds from 123 asset managers, and more than 2,000 ETFs. It also recently introduced a broker platform with artificial intelligence tools that generate price targets for over 1,000 European and U.S. equities. While critics cite crypto’s volatility and regulatory uncertainties, advocates point to the integration of such assets into established financial institutions like Santander as evidence of their growing mainstream acceptance.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。