Bitpanda Plans Frankfurt IPO as Early as First Quarter of 2026

TLDR

• Bitpanda may launch an IPO in Frankfurt as early as Q1 2026

• The company is targeting a valuation between €4 billion and €5 billion

• Goldman Sachs, Citi, and Deutsche Bank are advising on the offering

• Bitpanda serves over 7 million users across Europe

Bitpanda is preparing for a potential initial public offering in Frankfurt as early as the first quarter of 2026. The plan comes amid renewed activity in Europe’s capital markets and growing interest in crypto-related listings.

Bloomberg reported on January 14 that the Vienna-based trading platform is targeting a valuation between €4 billion and €5 billion. Sources familiar with the matter said no final decision has been made, and the timing could still change.

A Bitpanda spokesperson confirmed that an IPO remains one of several options under review. The company declined to comment further on details of the potential offering.

Major Banks Engaged as Frankfurt Emerges as Preferred Venue

According to the report, Bitpanda has hired Goldman Sachs, Citigroup, and Deutsche Bank to arrange the IPO. Representatives from the banks declined to comment on the plans.

Frankfurt has emerged as the most likely listing venue after Bitpanda moved away from earlier considerations of London. In 2025, the company also explored a possible listing in New York.

The shift reflects stronger IPO momentum in the euro area. Several companies have turned to continental European exchanges amid improved market conditions and regulatory clarity.

Bitpanda Maintains Strong Position in Austrian Crypto Market

Founded in 2014, Bitpanda offers trading services for cryptocurrencies, stock derivatives, and commodities. The platform operates as a regulated brokerage within the European Union.

The company has built a strong domestic presence. Data on digital asset usage shows that 59.6% of Austrian crypto users rely on Bitpanda. Binance and Kraken follow with smaller market shares.

Bitpanda’s platform combines crypto trading with portfolio tools and automated tax handling. This integrated approach has supported high user retention within Austria.

Leadership Changes Align With Long-Term Growth Strategy

Bitpanda entered 2026 with changes to its leadership structure. Co-founder Eric Demuth moved into the role of chairman of the board at the Swiss holding company.

Lukas Enzersdorfer-Konrad now serves as chief executive officer. The leadership shift aligns with broader efforts to prepare the company for its next growth phase.

In August 2021, Bitpanda raised $263 million from investors including Peter Thiel’s Valar Ventures. That round valued the company at $4.1 billion.

Bitpanda now reports more than 7 million users and holds a partnership as the official crypto trading partner of Arsenal Football Club. The company’s IPO considerations come as other crypto firms also explore public listings in 2026.

The post Bitpanda Plans Frankfurt IPO as Early as First Quarter of 2026 appeared first on CoinCentral.