Bitstamp by Robinhood, the world’s longest-running cryptocurrency exchange, has partnered with BBVA to support the launch of cryptocurrency trading for Bitcoin and Ethereum. Bitstamp by Robinhood is serving as one of the first liquidity providers for BBVA’s new offering, now available to all eligible retail customers in Spain.
This launch enables BBVA retail clients in Spain to buy, sell and hold cryptocurrencies directly through the BBVA app. As part of this initiative, Bitstamp by Robinhood provides the underlying liquidity infrastructure, giving customers access to a secure and regulated platform to trade and hold these cryptocurrencies.
The launch follows BBVA’s registration under MiCA, in accordance with the European Securities and Markets Authority (ESMA) framework aimed at strengthening regulatory clarity and consumer protection in the digital asset market across the EU. The registration helps align BBVA’s new crypto services with applicable standards for safety and compliance.
BBVA’s introduction of Bitcoin and Ethereum trading and custody through its digital platform represents a significant step in connecting traditional banking with the growing demand for digital asset access.
This service also marks a significant milestone for BBVA, becoming the first traditional bank in Spain to offer direct cryptocurrency services to retail customers.
Luis Martins, Head of Global Macro Trading at BBVA said:
“As the digital asset market gains momentum across Europe, BBVA is proud to expand our offering to meet the evolving needs of our clients. With the launch of our centralized crypto-asset trading desk, supported by Bitstamp by Robinhood and integrated with our existing Foreign Exchange technology, we are now fully operational, ready to serve clients with institutional-grade execution.”
Žiga Kraševec, Head of Business Development EMEA at Bitstamp by Robinhood, said:
“We’re proud to support BBVA’s foray into crypto by providing the liquidity and security that retail customers demand. This launch marks another step towards bringing crypto services into traditional banking, and reflects our ongoing commitment to helping trusted financial institutions offer crypto to their customers with confidence.“