EU Crypto Exchange Bitpanda Targets $5B IPO on Frankfurt Exchange in 2026
Austria-based crypto exchange Bitpanda has engaged Goldman Sachs, Citigroup and Deutsche Bank to lead a planned listing on the Frankfurt Stock Exchange, targeting about a $5 billion IPO in 2026. The reported appointments are a concrete step toward an offering after years of expansion and private fundraising, and they put Bitpanda among the most closely watched European crypto firms heading to public markets.
A successful flotation would be one of the region’s largest crypto exchange IPOs and could help normalize valuations and attract broader institutional capital. Investors will be watching profitability, regulatory compliance under incoming EU rules, and macro conditions as key determinants of appetite for the deal when it arrives next year.