Bitpanda Aims for $5 Billion IPO on Frankfurt Stock Exchange
- Bitpanda plans to go public with an estimated valuation of €4 to €5 billion ($4.7 billion-$5 billion).
- The initial public offering (IPO) is scheduled for the first half of 2026.
- Goldman Sachs, Citigroup, and Deutsche Bank are advising on the IPO process.
- If successful, this could be one of the largest cryptocurrency company listings in Europe.
- Founded in 2014, Bitpanda’s last valuation was $4.1 billion after a funding round in which it raised $263 million.
Bitpanda’s IPO ambitions highlight its growth trajectory and aim to solidify its market position within the cryptocurrency sector. The involvement of major financial institutions suggests a robust backing for this significant milestone.
With an anticipated valuation of up to $5 billion, Bitpanda’s upcoming IPO could reshape the landscape for crypto companies in Europe.(Source)
