Bitpanda plans to IPO in Frankfurt in the first half of 2026, targeting a valuation of 4 billion to 5 billion euros.

PANews reported on January 14th, citing Bloomberg, that Bitpanda GmbH, a cryptocurrency trading platform backed by billionaire Peter Thiel, is preparing for an initial public offering (IPO) in Frankfurt as early as the first half of this year. The company is seeking a valuation between €4 billion and €5 billion in the IPO. Bitpanda has hired Goldman Sachs, Citigroup, and Deutsche Bank to arrange the offering, and it is reportedly likely to list in the first quarter of this year. Sources said that no final decisions have been made, and specific details of the offering, including the timing, are still subject to change. A Bitpanda representative 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. In August 2021, the company raised $263 million from investors including Thiel's Valar Ventures, valuing it at $4.1 billion at the time. The company boasts 7 million users and is the official cryptocurrency trading partner of Arsenal Football Club.