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Bitpanda is considering an IPO in Frankfurt.
Golden Finance reported that the European crypto platform Bitpanda announced that co-CEO Paul Klanschek will step down from management and take on the role of company advisor. Current Vice CEO Lukas Enzersdorfer-Konrad will succeed him. Another co-founder and co-CEO Eric Demuth will remain in his position. It is reported that the company is evaluating multiple strategic options, including the possibility of being listed on the Frankfurt Stock Exchange, with an expected valuation of up to $4 billion. Klanschek and Demuth co-founded this crypto assets exchange platform based in Vienna in 2014.