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Bitpanda Considers Frankfurt or New York Listing, Excludes London
Summary: According to Cointelegraph, Eric Demuth, co-founder of the cryptocurrency exchange Bitpanda, stated to the Financial Times that Bitpanda is actively evaluating listing plans but will not list in London. Instead, the company is considering the possibility of listing in Frankfurt or New York, with no specific timetable confirmed yet. Demuth mentioned concerns about the liquidity ...
According to Cointelegraph, Eric Demuth, co-founder of the cryptocurrency exchange Bitpanda, stated to the Financial Times that Bitpanda is actively evaluating listing plans but will not list in London. Instead, the company is considering the possibility of listing in Frankfurt or New York, with no specific timetable confirmed yet. Demuth mentioned concerns about the liquidity performance of the London Stock Exchange and expressed a belief that it may face challenges in the coming years. Several companies, including UK fintech firm Wise, have already moved or are considering moving their primary listing locations overseas to attract more investors. The UK is currently experiencing its worst IPO drought in decades, with London's fundraising in the first half of this year dropping to the lowest level in 30 years.