European crypto exchange Bitpanda reports adjusted revenue for 2025 of €371 million (approximately $430 million), up 16% from the previous year, with registered users increasing by 25% to 7.4 million.
Adjusted EBITDA reached €13 million, down from €52 million in 2024 due to increased spending on product development, regulatory expansion, and international growth.
Over the past year, Bitpanda expanded its asset catalog to over 650 digital assets, launched margin trading for more than 100 assets, and supported staking for over 50 tokens. The company also introduced a Web3 wallet to enhance on-chain services.
Additionally, Bitpanda continued to expand its legal footprint by obtaining the MiCA license across the European Union, along with crypto licenses in the UK and UAE, while expanding into new markets such as Latin America and the Asia-Pacific region.