Cryptocurrency Exchange Bitpanda “looks much closer to” on a public list than before, co -founder Eric Demuth said in an interview with the Financial Times.
Demuth excluded London as a probable place for a public market debut despite Crypto Exchange’s recent expansion of British operations. The lack of liquidity in stock trading is to put Vienna-based Bitpanda from seeking a list of London Stock Exchange (LSE)he said.
“At the moment everyone is moving away from LSE,” Demut said. “Liquidity, LSE is not doing well.”
He added that a list of New York was more likely based on support from the US government’s support for digital assets.
This month, New York Stock Exchange was the debut of Crypto Firm Bullish (BLSH)that runs crypto exchange with the same name and is Coindesk’s parent company. Other prominent companies such as stableecoin essuer Circle Interent (CRCL) and trading platform etoro (Etor) Have also debuted in the US public markets this year.
“The market is much more friendly right now … so we are currently looking much closer [listing] than we did before, ”Demuth said.
Bitpanda is also considering a Frankfurt list as the Austrian company earns most of its money in the European mainland.
Bitpanda did not immediately respond to Coindesk’s request for further comment.
