2026-01-14 07:27:59

According to industry rumors, European crypto exchanges are quite active. Insiders reveal that Bitpanda, supported by Silicon Valley investor Peter Thiel, is actively preparing for an IPO.

This Vienna-based exchange aims to list on the Frankfurt Stock Exchange in the first half of 2026, with a target valuation set between 4 billion and 5 billion euros (approximately $4.66 billion to $5.82 billion). Interestingly, Goldman Sachs, Citigroup, and Deutsche Bank have been invited to serve as underwriters for this IPO, making for a notable lineup. However, these figures are not final, and the ultimate valuation and specific timeline may be adjusted.

It is understood that Bitpanda initially considered going public in London, but later found the liquidity on the London Stock Exchange to be less than ideal, and ultimately abandoned the plan. Co-founder Eric Demuth previously stated that their options were either New York or Frankfurt—just these two choices.

Another important reason they ultimately chose Frankfurt was their relationship with Deutsche Bank. The two parties have publicly announced that they will jointly launch cryptocurrency custody services in 2026, leveraging traditional financial institutions to support this business. This partnership framework has actually paved the way for the entire listing process.

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LayerZeroJunkie

· 01-16 19:46

Bitpanda's choice of Frankfurt this time is indeed smart, with Deutsche Bank's endorsement and recognition from traditional finance. This is truly the stepping stone to mainstream adoption.

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MetaverseVagabond

· 01-16 13:09

Bitpanda's move is really a big strategic play. With Peter Thiel's endorsement, it's a different level. --- Wait, is liquidity in London not ideal? It feels like traditional European finance is starting to get competitive too. --- Going public in 2026, and already building momentum. Goldman Sachs, Citigroup, Deutsche Bank are all in. If this pace stabilizes, Frankfurt could take off directly. --- It still comes down to traditional bank backing. Sometimes, crypto is just like that. --- Deutsche Bank's custody services—are they trying to use compliance to facilitate going public? Clever move. --- A valuation of 4 to 5 billion euros still seems a bit conservative, given the current funding environment. --- Switching from London to Frankfurt is almost like another bet on Germany's financial center.

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HashBrownies

· 01-14 07:57

Is Bitpanda really going public? Citi, Goldman Sachs, and Deutsche Bank are all involved, this lineup is indeed quite formidable. But with a $5 billion valuation... 2026 is still a long way off, too many variables. Deutsche Bank's custody service is a good move; the pace of traditional finance adopting crypto is accelerating. London's liquidity is lacking, so they are shifting to Frankfurt. The competition for the European Exchange's dominance is also quite intense.

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VibesOverCharts

· 01-14 07:54

Peter Thiel is back again. This guy's investment vision is truly exceptional. The move with Bitpanda was very clever. --- Frankfurt instead of New York. European exchanges still want to operate their own way. --- The cooperation with Deutsche Bank is the key. Traditional finance entering the scene is really different. --- From 4.66 billion to 5.82 billion USD, let's bet whether we can maintain this valuation by 2026. --- Liquidity in London is insufficient, so they shifted to Frankfurt. Honestly, it still depends on backing from major banks. --- Goldman Sachs, Citibank, Deutsche Bank—all in. It's really hard to fail when aiming for an IPO. --- Crypto exchanges are starting to seek traditional financial institutions for support. This mindset has changed. --- In the first half of 2026, we still have to wait. The market will change several times again. --- I am optimistic about custody services. Institutional players have been waiting for this. --- Changing from London to Frankfurt actually hints that Europe's influence is shifting.

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GateUser-0717ab66

· 01-14 07:45

Damn, Thiel really dares to bet big, with Bitpanda directly targeting a valuation of 4-5 billion? Deutsche Bank is also involved, this is something significant.

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SelfSovereignSteve

· 01-14 07:37

Is Bitpanda going public? The European crypto scene is about to get lively. Traditional finance has finally compromised.

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ForkItAllDay

· 01-14 07:34

bitpanda is about to cut the leeks again; traditional finance, once they get involved, you know it's not going to be good.

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