Bitpanda Targets €5 Billion Valuation in 2026 Frankfurt IPO
Bitpanda, the Vienna-based cryptocurrency trading platform, is preparing for a Frankfurt IPO in early 2026 with a target valuation between €4 billion and €5 billion. Citigroup, Goldman Sachs, and Deutsche Bank have been enlisted to orchestrate the listing, signaling institutional confidence in Europe's crypto infrastructure.
The platform dominates Austria's domestic crypto market with a 60% share and serves over 7 million users continent-wide. Frankfurt's selection over London reflects strategic positioning within MiCA-regulated markets, following the company's successful licensing in Germany and UK approval last year.
This MOVE places Bitpanda alongside Kraken, Grayscale, and tZERO in the wave of crypto firms seeking public listings in 2026. Peter Thiel's continued backing underscores the growing convergence between traditional finance and digital asset platforms.