BitpandaGmbH,aVienna-baseddigitalassettradingplatformbackedbybillionairePeterThiel,isexploringstrategicoptions,includingapotentialinitialpublicoffering(IPO)inFrankfurt.Accordingtosourcesfamiliarwiththematter,thecompanyisworkingcloselywithCitigroupInc.andJPMorganChase&Co.asitevaluatesitsnextsteps.