Bitpanda Ditches London IPO Due to Liquidity Concerns

Crypto exchange Bitpanda has ruled out an initial public offering (IPO) on the London Stock Exchange, citing concerns over low liquidity as a key factor. Eric Demuth, co-founder of the Vienna-based exchange, informed the Financial Times that a listing in London is unlikely. Instead, Bitpanda is exploring potential listings in Frankfurt or New York, with no set timelines for the decision.