Vienna-based crypto broker Bitpanda is expanding globally by partnering with banks and financial institutions, shifting focus from retail growth to institutional infrastructure. The company reported €371 million in adjusted revenue for 2025, up 16%, with 7.4 million registered users.
The launch of Bitpanda Enterprise offers API-based investment tools, custody, liquidity, settlement systems, and tokenization infrastructure to banks, brokers, and fintechs. The model was tested in July when RAKBANK in the UAE introduced crypto trading using Bitpanda’s platform.
Regulatory compliance under MiCA strengthens its appeal in emerging markets where governments seek established partners. Bitpanda avoids stablecoin issuance but supports tokenized assets like bonds and real estate.
The firm is preparing for a potential IPO on the Frankfurt Stock Exchange in early 2026, targeting a valuation of EUR 4 billion to EUR 5 billion.