- Bitpanda aims for a €4–5B ($4.66–5.82B) IPO on Frankfurt’s exchange in H1 2026.
- Strategic partnership with Deutsche Bank to launch crypto custody services strengthens market position.
- Favorable EU and U.S. regulations make Bitpanda’s IPO more appealing to investors.
Vienna-based crypto exchange Bitpanda is moving closer to a public listing on the Frankfurt Stock Exchange, with sources telling Bloomberg that the Peter Thiel-backed platform could go public as early as the first half of 2026. The company is reportedly aiming for a valuation between €4 billion and €5 billion ($4.66 billion to $5.82 billion), highlighting its ambition to become one of Europe’s top-listed crypto firms.
Frankfurt Over London: Strategic IPO Choice
Bitpanda had previously considered a London Stock Exchange listing but opted against it due to concerns over low liquidity. Co-founder Eric Demuth confirmed that the exchange’s IPO would now focus on either Frankfurt or New York, with Frankfurt emerging as the leading option. The move signals Bitpanda’s commitment to a strong European presence, backed by its 30 million customers across Austria, Germany, Switzerland, Italy, France, and the UK.
The company has also engaged top investment banks—Goldman Sachs, Citigroup, and Deutsche Bank—to manage the IPO, though final terms, including the exact valuation and timing, are still subject to change.
Expansion and Strategic Partnerships
Bitpanda’s IPO plans coincide with its partnership with Deutsche Bank to launch a crypto custody service in 2026. This collaboration, supported by the Deutsche Bank-backed digital asset infrastructure provider Taurus, is seen as a significant step in integrating mainstream financial services with digital assets.
Founded in 2014, Bitpanda has steadily expanded its footprint, with its Berlin hub handling a substantial portion of its growing European customer base. The firm’s timing aligns with a broader trend of crypto companies going public, following 2025 listings like Circle, Bullish, and Gemini, while Kraken, BitGo, and Consensys are reportedly preparing their own public offerings this year.
Regulatory Climate Supports Growth
Bitpanda’s IPO also benefits from a more favorable regulatory environment. In Europe, the Markets in Crypto-Assets (MiCA) framework provides clearer rules for digital asset firms, while U.S. policy under President Donald Trump has signaled a more business-friendly approach to crypto markets. This regulatory clarity could make Bitpanda’s public debut more attractive to institutional and retail investors alike.
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With a planned valuation potentially exceeding $5 billion, Bitpanda’s IPO could mark a defining moment for European crypto exchanges. Investors and industry watchers will be keeping a close eye on how the offering unfolds, and whether Frankfurt becomes a hub for future crypto listings.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. CoinBrief.io is not responsible for any financial losses.
