Bitpanda GmbH, a cryptocurrency trading platform, is reportedly considering various strategic options, including a potential initial public offering (IPO) in Frankfurt.
The company is working with major financial institutions to evaluate its next steps.
Bitpanda may also consider a sale, with any transaction potentially valuing the company at $4 billion or more.
The discussions are in the early stages, and details remain private as the company navigates its future in the competitive financial landscape.