Peter Thiel-backed Bitpanda eyes IPO in first half of 2026: Bloomberg

Vienna-based crypto exchange Bitpanda, which is backed by Peter Thiel, is reportedly preparing for an Initial Public Offering (IPO) on the Frankfurt stock market as early as the first half of 2026, according to Bloomberg sources. The company is targeting a valuation between €4 billion and €5 billion ($4.66 billion to $5.82 billion) for the offering and has hired Goldman Sachs, Citigroup, and Deutsche Bank to arrange it. Bitpanda had previously considered a UK listing but ruled it out due to weak liquidity on the London Stock Exchange. This potential IPO follows the company's expansion across Europe and coincides with its collaboration with Deutsche Bank to launch a crypto custody service in 2026. The move occurs amid increasing regulatory clarity globally, particularly with the EU's MiCA rules.

(Source：The Block)