Bitpanda Launches Layer-2 Vision Chain, Builds It On Optimism Superchain For Low-Cost And Efficient DeFi Interoperability

Vision Chain, a Layer-2 blockchain owned and managed by Bitpanda, an investment platform based in Europe, today announced a strategic partnership with the Optimism Network, a Layer-2 scaling solution that offers real-time executions and cheaper transaction fees without undermining security. This collaboration enabled Bitpanda to integrate its Layer-2 protocol, commonly known as Vision Chain, with the Optimism Network, to unlock Europe’s closed (isolated) financial infrastructure to make it accessible and interoperable with the open DeFi ecosystem.

Vision Chain is an AI-driven Layer-2 blockchain with expertise in bridging regulated traditional finance with DeFi ecosystems. Established and managed by Bitpanda, a leading European licensed digital asset investment platform, Vision Chain is designed to operate within legal frameworks such as Europe’s MiCA regulation. Powered by its native token (VSN), Vision Chain provides institutions and users with a trusted and regulated environment to interact with Web3 utilities, aiming to facilitate the tokenization of RWAs (like real estate, private credits, and many more) through its Layer-2 blockchain.

Why Vision Chain Is Launching On Optimism

Today, Bitpanda announced the launch of its new blockchain, Vision Chain, and at the same time, allowed the integration of the chain with the Optimism Network.

Optimism is an Ethereum Layer-2 network that supports all of Ethereum’s decentralized applications. Using its optimistic rollups, Optimism leverages the Ethereum blockchain’s security to scale functions on the Ethereum ecosystem, increasing Ethereum’s transaction per second and reducing transaction fees.

The integration above initiated by Bitpanda means that Vision Chain now has another low-cost and high-speed layer to swap tokens rapidly and at the best-optimized rates, thanks to its tech incorporation in the Optimism Network. With the partnership, Bitpanda built its Vision Chain on the Optimism Superchain, an OP tech stack that means no more network switching and no more bridging.

The integration above means Optimism’s tech stack provides Vision Chain with a standardized environment for enterprises to issue tokenized assets and seamlessly settle them, according to Europe’s MiCA regulation.

With the launch of the chain on Optimism, Vision Chain is well placed to resolve major infrastructural gaps. EU institutions have traditionally been restricted to closed systems that lack interoperability and liquidity. Powered by its interoperability infrastructure, Vision Chain is set to dismantle operational sophistications and unleash permissionless systems that allow Europeans institutions and partners to deploy decentralized applications across Web3 multi-chains.

Accelerating Cross-Chain Expansion And Network Integration

With Optimism integration, Vision Chain has advanced the capability to enable more rapid and cheaper transactions, with the best rates, supported by cross-chain functionalities and top-notch security.

Vision Chain is a blockchain platform that aims to enable projects, enterprises, and institutions to create interoperable DApps. This commitment shows that it has had a vision of building a horizontally scalable network that integrates with multichain platforms.

Optimism’s Superchain solution, which bridges the communication issues that isolated chains encounter, helps Vision Chain to seamlessly interact with other blockchains.