{"id":29342,"date":"2020-09-29T11:16:15","date_gmt":"2020-09-29T08:16:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29342"},"modified":"2025-08-27T16:24:18","modified_gmt":"2025-08-27T13:24:18","slug":"peter-thiels-fund-leads-52m-bitpanda-funding-round","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/peter-thiels-fund-leads-52m-bitpanda-funding-round\/","title":{"rendered":"Peter Thiel&#8217;s fund leads $52m Bitpanda funding round"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">European cryptocurrency brokerage Bitpanda announced the close of its Series A funding round, raising $52 million.<\/span><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">$52M Series A funding from Valar closed! It\u2019s a major vote of confidence in <a href=\"https:\/\/twitter.com\/bitpanda?ref_src=twsrc%5Etfw\">@bitpanda<\/a> &#038; our vision. This investment will support our mission to become the leading investment &#038; trading platform in Europe. Thank you for your trust <a href=\"https:\/\/twitter.com\/andrewjmack?ref_src=twsrc%5Etfw\">@andrewjmack<\/a> &#038; James<a href=\"https:\/\/t.co\/9osDn2YBVL\">https:\/\/t.co\/9osDn2YBVL<\/a><\/p>\n<p>\u2014 Eric Demuth (@eric_demuth) <a href=\"https:\/\/twitter.com\/eric_demuth\/status\/1310882642536075264?ref_src=twsrc%5Etfw\">September 29, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The round was led by Valar Ventures, the fund of PayPal co-founder Peter Thiel.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitpanda plans to allocate the funds to expand its staff to 300 employees and develop new products.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Together with the latest funding round, the total amount raised is about $100 million, the company said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to CoinGecko data, Bitpanda Pro&#8217;s trading volume stands at more than $2 million per day. According to one of Bitpanda&#8217;s executives, Paul Klanschak, the platform&#8217;s turnover across all segments last year exceeded $1 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company also noted that the fastest-growing crypto markets among the 34 countries served by Bitpanda are France, Spain and Turkey.<\/span><\/p>\n<p>As reported, through a partnership between Bitpanda and the Austrian Post postal service, more than 1,800 post offices began selling cryptocurrencies in 2017.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European cryptocurrency brokerage Bitpanda announced the close of its Series A funding round, raising $52 million.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1957,52],"class_list":["post-29342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitpanda","tag-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=29342"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29342\/revisions"}],"predecessor-version":[{"id":29343,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29342\/revisions\/29343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=29342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=29342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=29342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}