Share this article
Crypto Exchange Bitpanda Raises $263M at $4.1B Valuation
Crowned Austria’s first tech unicorn in March, the firm is now worth even more.
Updated May 9, 2023, 3:22 a.m. Published Aug 17, 2021, 8:00 a.m.
Bitpanda, one of Europe’s fastest-growing fintechs, closed a $263 million Series C funding round, the company said Tuesday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The round, which was led by PayPal founder Peter Thiel's Valar Ventures, values the company at $4.1 billion. It comes just months after a $170 million Series B funding round in March that valued the firm at $1.2 billion and made Bitpanda Austria's first-ever tech unicorn, which means a startup that's worth at least $1 billion.
- The Vienna-based investment platform said it will use the fresh capital to double down on technology, international expansion and growth.
- Billionaire hedge fund manager Alan Howard, REDO Ventures and existing investors LeadBlock Partners and Jump Capital also participated in the round.
- Founded as a bitcoin exchange in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer, Bitpanda has since expanded beyond crypto to offer the trading of stocks, precious metals and exchange-traded funds.
Read more: Crypto Long & Short: Bitpanda’s Raise Is About More Than Market Infrastructure
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Uniswap's token burn, protocol fee proposal backed overwhelmingly by voters
The proposal, which transforms UNI into a value-accruing asset, received more than 125 million votes in support with just 742 dissenting.
What to know:
- Uniswap's proposal to activate protocol fees and burn UNI tokens received overwhelming support from voters.
- The initiative will transform the token into a value-accruing asset and link protocol usage to token supply reduction.
Top Stories
