Bitpanda plans to conduct an IPO in Frankfurt in the first half of 2026, with a target valuation of 4 to 5 billion euros
According to Bloomberg, sources have revealed that the cryptocurrency trading platform Bitpanda GmbH, backed by billionaire Peter Thiel, is preparing for an initial public offering (IPO) in Frankfurt as early as the first half of this year, with a valuation sought in the range of €4 billion to €5 billion. Bitpanda has hired Goldman Sachs, Citigroup, and Deutsche Bank to arrange the offering, which is said to potentially go public in the first quarter of this year.Sources indicate that no final decision has been made yet, and the specifics of the offering, including the timing, may still change. A representative from Bitpanda stated that the IPO is one of the options the company is considering for further development but declined to comment further. Representatives from Goldman Sachs, Citigroup, and Deutsche Bank also declined to comment.