European crypto asset trading platform Bitpanda is preparing for a new round of significant funding. According to industry insiders, this Vienna-based tech company plans to conduct its initial public offering as early as the first half of 2026 on the Frankfurt Stock Exchange, with a target valuation locked between €4 billion and €5 billion. To ensure the smooth progress of this financing, Bitpanda has partnered with top global investment banks—Goldman Sachs, Citigroup, and Deutsche Bank will serve as the lead underwriters for the listing. This move marks a further elevation of Europe's crypto trading platforms in mainstream financial markets and also reflects the continued optimism of traditional financial institutions towards the Web3 market. For the crypto asset market, the IPO movements of such large trading platforms often serve as a barometer.