ChainCatcher news, according to Cointelegraph, Eric Demuth, co-founder of the cryptocurrency exchange Bitpanda, told the UK (Financial Times) that while Bitpanda is actively assessing its listing plans, it "will not be listing in London." Instead, the company is considering the possibility of listing in Frankfurt or New York, but no specific timeline has been determined yet.
Demuth stated: "Currently, from a liquidity perspective, the London Stock Exchange is not performing very well, and I hope the situation will improve, but I believe the London Stock Exchange will face challenges in the coming years." He pointed out that several companies, including the UK fintech company Wise, have shifted their primary listing locations overseas or are in the process of doing so to attract more investors. The UK is facing the worst IPO drought in decades, with London’s listing financing falling to its lowest level in 30 years in the first half of this year.