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According to Deep Tide TechFlow news, on August 1st, Bloomberg reported that the European Crypto Assets platform Bitpanda announced that co-CEO Paul Klanschek will step down from his management position to become a company advisor. The current Deputy CEO Lukas Enzersdorfer-Konrad will take over his position. Another co-founder and co-CEO Eric Demuth will continue to remain in his role. It is reported that the company is evaluating multiple strategic options, including the possibility of listing on the Frankfurt Stock Exchange, with an expected valuation of up to $4 billion. Klanschek and Demuth co-founded this Crypto Assets exchange based in Vienna in 2014.