Bitpanda Gets Ready for the Big Game
Bitpanda has caused a sensation in the crypto space, after the investment it received from Peter Thiel's Valar Ventures, which offered them new possibilities for global growth.
The exchange already has a large audience in German-speaking countries, and on top of this momentum, it is trying to build the next step on the way.
The partnership with Citigroup and JP Morgan appears to be aimed at getting Bitpanda listed on the Frankfurt Stock Exchange or being acquired by another major exchange.
The cooperation with German banks such as Deutsche Bank for real-time transfers of funds as well as the easy-to-digest environment for retail trading are certainly some features that have attracted the interest of investors.
For this reason, the valuation discussed for this move reaches $4 billion, creating expectations for even greater numbers in the future.
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