Openbank Goes Crypto: Germany Gets It First, Spain…Eventually!

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So, guess what? Openbank, that shiny, all-digital marvel from Grupo Santander, is diving into the crypto pool. It’s all happening in Germany right now. And Spain? Yeah, they’re next, but give them a couple weeks to catch up. You know, because timing is everything… or not.

Now Openbank’s Got Crypto, Stocks, Funds, and ETFs. What’s Next, a Teleportation Device?

Here’s the deal: Openbank’s crypto service comes with a 1.49% transaction fee (but hey, it’s only €1 minimum, so don’t get too dramatic), and no custody fees. And guess what? They’re not stopping here-more digital assets are coming soon, and you’ll be able to swap crypto for crypto. Who’s ready for some digital magic?

This is all part of Openbank’s grand plan to get bigger and better. They’ve already got a Robo Advisor (I know, right?), over 3,000 stocks, 3,000 investment funds, 2,000 ETFs, and-wait for it-an actual broker platform that throws out target prices for more than 1,000 European and U.S. equities. They’re basically setting the stage for their own financial empire. Take that, traditional banks!

And here’s the kicker: Openbank isn’t just playing catch-up. They’re staking their claim as one of the first European digital banks to mix old-school investments with shiny new digital ones. Sure, the rest of the market will have to follow suit-thanks to MiCA’s rules-but hey, somebody’s gotta lead, right?

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2025-09-16 18:30