LSE’s Liquidity Woes Prompt Bitpanda to Look Beyond London for IPO

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In a move that underscores the growing challenges facing the London Stock Exchange, European crypto giant Bitpanda has officially excluded the UK capital as a potential destination for its public listing.

CEO Eric Demuth pointed specifically to the LSE’s struggling liquidity as the primary deterrent. This sentiment echoes a wider trend, exemplified by companies like Wise seeking listings abroad.

The news compounds a severe downturn for London’s markets, with recent data revealing IPO fundraising has plummeted to its lowest level in 30 years, raising serious questions about its global competitiveness.