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Bitpands regarded public listing, London policies as destination: ft



Cryptocurrency Exchange Bitpanda is “looking closer” to a public list than ever before, co-founder Eric Demuth said In an interview with The Financial Times.

Demuth ruled London as a likely place for a public debut on the market, despite the crypto exchange exchange Recent expansion of operations in the UK. Lack of liquidity in sharing shares is the placement of Vienna -based Bitpanda looking for a London Stock Exchange list (Lse)he said.

“Currently, everyone is moving to LSE,” Demut said. “Liquidity-wise, LSE is not very good.”

He added that a list in New York is more likely, based on the US government’s support support for digital assets.

This month saw the New York Stock Exchange debut of Bullish Crypto Firm (Blsh)who runs the crypto exchange of both the name and CoinDesk’s parent company. Other well -known companies such as Stablecoin Issuer Coherence (CRCL) and trading platform Ethoro (Come) has also been on the US public market this year.

“The market is more friendly now … so we are currently looking closer to the (list) than before,” Demuth said.

Bitpanda also considers a Frankfurt list given that the Austrian company makes most of its money in Mainland Europe.

Bitpanda did not respond immediately to CoinDesk’s request for further comment.



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