EU Crypto Exchange Bitpanda Eyes $5B IPO in 2026: Report
Bitpanda, a leading European crypto exchange based in Vienna, plans to launch an initial public offering (IPO) on the Frankfurt stock exchange in the first half of 2026, targeting a valuation between €4 billion and €5 billion. Established in 2014, Bitpanda claims over seven million users and holds nearly 60% of Austria’s domestic crypto trading market. Major banks including Goldman Sachs, Citigroup, and Deutsche Bank are reportedly involved in preparing the IPO, which could occur as early as the first quarter of 2026. The firm chose Frankfurt over London, citing higher liquidity. The crypto sector continues to see a wave of IPOs, with competitors like Kraken and BitGo also moving toward public listings, reflecting growing mainstream acceptance and competition within the industry.
