Overview
- The Vienna-based crypto platform is said to be targeting a €4–5 billion valuation.
- Goldman Sachs, Citigroup and Deutsche Bank have been engaged to work on a potential offering.
- Frankfurt has emerged as the likely venue after the company ruled out London last year and previously explored New York.
- Bitpanda reports more than seven million users, and EY estimates it holds about 59.6% of Austria’s crypto trading market.
- Sources say no final decision has been made and the timing could still change, including the first-quarter window reported.