Rising Ecosystems #9: Crypto platform Bitpanda’s rise puts Austria on the map
An explosion in the popularity of Bitcoin and other cryptocurrencies has been a boon for trading platforms this year, with Vienna-based Bitpanda among them.
Having ridden a wave of retail investor interest in digital assets, crypto trading platform Bitpanda became Austria’s first “unicorn” – private company valued at above $1bn – after its Series B funding round in March, bringing global attention to Vienna’s growing start-up scene.
Lukas Enzersdorfer-Konrad, Bitpanda’s chief product officer, joined fDi’s regular start-up podcast series to discuss the crypto craze and the reality of scaling a business in Vienna. Listeners can expect discussion of topics ranging from Vienna’s appeal as a city, the challenges of attracting talent and nascent knowledge exchange in the ecosystem.
On August 17, Bitpanda raised $263m in its Series C funding round at a valuation of $4.1bn. This episode was recorded on June 29 before this latest funding round.
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