Crypto Exchange Supported by Peter Thiel Bypasses London Listing Due to Liquidity Issues, Considering Frankfurt or New York Instead: Report

Bitpanda's Listing Decision: The European cryptocurrency exchange Bitpanda has opted against a potential listing in London due to concerns about liquidity in the city's capital markets.

Co-founder's Statement: Co-founder Eric Demuth expressed doubts about the London Stock Exchange's current performance, indicating it may struggle in the coming years.

Alternative Locations Considered: Bitpanda is exploring listing options in Frankfurt or New York, but no final decision on location or timing has been made yet.

Market Context: The article also mentions that another exchange backed by Peter Thiel, Bullish, recently had a successful debut on Wall Street, contrasting with Bitpanda's situation.