Bitpanda excludes London listing, considers Frankfurt or New York

ChainCatcher news, according to Cointelegraph, Bitpanda co-founder Eric Demuth told the Financial Times that while Bitpanda is actively evaluating its listing plans, "it will not be listed in London." Instead, the company is considering the possibility of listing in Frankfurt or New York, but has not yet determined a specific timeline.

Demuth stated, "Currently, from a liquidity perspective, the London Stock Exchange is not performing very well. I hope the situation improves, but I believe the London Stock Exchange will face challenges in the coming years." He pointed out that several companies, including UK fintech firm Wise, have moved or are in the process of moving their primary listing locations overseas to attract more investors. The UK is facing the most severe IPO drought in decades, with London listing financing falling to its lowest level in 30 years in the first half of this year.