Peter Thiel-Backed Crypto Exchange Snubs London Listing Amid Liquidity Concerns, Weighs Frankfurt Or New York: Report

European cryptocurrency exchange Bitpanda has decided against a potential listing in London due to concerns about liquidity in the city’s capital markets, according to a report published late Monday.

Bitpanda Gives London A Miss

The Austrian-based cryptocurrency exchange, one of the largest in Europe, is considering a listing. However, London will not be the chosen location, co-founder Eric Demuth told the Financial Times.

“Currently, liquidity-wise, the LSE [London Stock Exchange] is not doing too well,” Demuth was quoted as saying. “I hope that it gets better, but over the next few years, I think the LSE is struggling a bit,”

Demurg added that the firm is considering listing in either …

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