
Vienna-based Bitpanda is eyeing Frankfurt or New York for a future listing, with its co-founder warning that London’s IPO market is too illiquid to attract investors.

Vienna-based Bitpanda is eyeing Frankfurt or New York for a future listing, with its co-founder warning that London’s IPO market is too illiquid to attract investors.

Bitpanda decided against a London IPO, with co-founder Eric Demuth citing weak liquidity on the London Stock Exchange.

The meeting came as global regulators and traditional exchange associations have urged the SEC to crack down on tokenized stocks.

The meeting comes just as global regulators and traditional exchange associations recently urged the SEC to crack down on tokenized stocks.

Robinhood and Strategy both saw their stock prices sink as they were overlooked for inclusion on the S&P 500, which went to Interactive Brokers Group.