Cryptocurrency exchange Bitpanda’s co-founder, Eric Demuth, indicated that the firm is considering a public listing more seriously than before. However, he ruled out the London Stock Exchange (LSE) due to concerns surrounding liquidity in share trading. Demuth noted that currently, many are moving away from the LSE, and a listing in New York appears to be more favorable due to U.S. government support for digital assets.

What to Know:

• Bitpanda’s co-founder has dismissed the London Stock Exchange as a potential listing venue, citing low liquidity in the market.
• He mentioned that a listing in New York is anticipated to be a better option.
• Bitpanda also expresses interest in a potential listing in Frankfurt, highlighting the significant portion of its revenue generated within mainland Europe.

Demuth stated, “The market is much more friendly right now … so we’re currently looking much closer into [listing] than we did before.” - Translation: Demuth emphasized that the favorable market conditions have prompted a renewed focus on public listing opportunities.