Crypto platform Bitpanda has announced it will not pursue a stock market listing on the London Stock Exchange (LSE). The company cites weak liquidity conditions as the primary reason behind this decision. Instead, Bitpanda plans to explore potential listings in Frankfurt or New York. 🤯 This decision comes after the company secured over $500 million from investors, including notable backing from Peter Thiel’s Valar Ventures. 💪 Bitpanda’s co-CEOs and CTO are currently evaluating its future listing options based on favorable market conditions. While this announcement doesn’t impact cryptocurrency trading itself, it highlights Bitpanda’s strategic shift towards finding more liquid markets. .