Bitpanda Eyes Frankfurt IPO at Up to $5.5B Valuation: Bloomberg
Summary
The Austria-based crypto trading platform Bitpanda is reportedly moving forward with plans for a public listing in Frankfurt, potentially debuting in the first half of 2026 with a valuation ranging from 4 billion euros ($4.7 billion) to 5 billion euros ($5.5 billion). The company is working with Citigroup, Goldman Sachs, and Deutsche Bank on the offering, though no final decisions have been made and the timeline could shift. Founded in 2014, Bitpanda serves over 7 million users and achieved unicorn status in 2021 with a $4.1 billion valuation. The platform has recently expanded its European footprint, securing a MiCA license in Germany and approval from the UK's Financial Conduct Authority. Co-founder Eric Demuth previously indicated that Frankfurt or New York were being considered for a listing, ruling out London due to liquidity concerns.
(Source:Cointelegraph)