CandleFocus

Bitpanda considers IPO or sale on the table amid crypto market surge

Crypto trading platform Bitpanda, backed by Peter Thiel, is reportedly considering an IPO in Frankfurt. The company is working with Citigroup and JPMorgan and may also explore the option of selling itself. Sources indicate that any deal could value Bitpanda at $4 billion or more, and if the company proceeds, it is likely to happen within the next year. However, Bitpanda's decision is still in the early stages and it may choose not to pursue the potential transactions.

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