Bitpanda plans to conduct an IPO in Frankfurt in the first half of 2026, with a target valuation of 4 billion to 5 billion euros.

PANews January 14 News, according to Bloomberg, sources familiar with the matter revealed that the crypto trading platform Bitpanda GmbH, supported by billionaire Peter Thiel, is preparing for an initial public offering (IPO) as early as the first half of this year in Frankfurt. The company is seeking a valuation between 4 billion euros and 5 billion euros in this offering. Bitpanda has hired Goldman Sachs, Citigroup, and Deutsche Bank to arrange the IPO, which is reportedly possible to go public in the first quarter of this year. Sources said that no final decision has been made yet, and the specific details of the offering, including the timeline, may still change. A representative of Bitpanda stated that an 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 all declined to comment.

Founded in 2014, Bitpanda offers retail trading services for cryptocurrencies, stock derivatives, and commodities. The company raised $263 million from investors including Thiel’s Valar Ventures in August 2021, at a valuation of $4.1 billion. The company has 7 million users and is an official crypto trading partner of Arsenal Football Club.