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Bitpanda Eyes U.S. IPO, Rules Out London, Weighs Frankfurt

Management points to deeper liquidity in the U.S. market.

Bitpanda considers public listing, rules out london as destination: ft
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Overview

  • Co-founder Eric Demuth said the exchange is looking much closer at a public listing, according to the Financial Times.
  • The London Stock Exchange is off the table due to weak trading liquidity, despite Bitpanda’s recent U.K. expansion.
  • New York is described as the more likely venue, with executives citing a friendlier market following U.S. debuts by Bullish, Circle, and eToro.
  • Frankfurt remains under consideration because the Vienna-based company earns most of its revenue in mainland Europe.
  • No listing decision, filing, valuation target, or timetable has been disclosed, and the company offered no additional comment.