frankfurt

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.

ChainCatcher news, according to Cointelegraph, Bitpanda co-founder Eric Demuth told the Financial Times that while Bitpanda is actively evaluating its listing plans, "it will not be listed in London." Instead, the company is considering the possibility of listing in Frankfurt or New York, but has not yet determined a specific timeline.Demuth stated, "Currently, from a liquidity perspective, the London Stock Exchange is not performing very well. I hope the situation improves, but I believe the London Stock Exchange will face challenges in the coming years." He pointed out that several companies, including UK fintech firm Wise, have moved or are in the process of moving their primary listing locations overseas to attract more investors. The UK is facing the most severe IPO drought in decades, with London listing financing falling to its lowest level in 30 years in the first half of this year.

ChainCatcher news, according to Bloomberg, Bitpanda co-founder and co-CEO Paul Klanschek announced his resignation and will take on an advisory role, with the position being succeeded by Vice CEO Lukas Enzersdorfer-Konrad.After achieving record annual performance, Bitpanda is evaluating strategic options, including a potential listing in Frankfurt. The company had explored going public last year, with a valuation of up to $4 billion.

ChainCatcher news, the Sweden-listed company H100 Group AB, which reserves Bitcoin, has been authorized to trade on the Frankfurt Stock Exchange (Open Market). Trading will start on July 22, 2025, with the stock code $GS9.Previous report, H100 Group increased its holdings by 140.25 BTC, raising the total position to 510.28 BTC.

ChainCatcher news, according to CoinDesk, the EU has chosen Frankfurt, Germany as the location for its new Anti-Money Laundering Authority (AMLA), which will directly oversee the cryptocurrency sector. The agency consists of the AMLA itself and national authorities from the 27 EU member states, with the task of ensuring that countries comply with all anti-money laundering and counter-terrorism financing obligations agreed upon by the EU.