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European encryption platform co-founder steps down, deputy CEO takes over, or seeks a $4 billion valuation for IPO.
On August 1, Paul Klanschek, the co-founder and co-CEO of a European crypto assets platform, announced his resignation and will take on an advisory role. His position will be taken over by Vice CEO Lukas Enzersdorfer-Konrad.
After achieving record annual performance, the platform is evaluating strategic options, including a listing in Frankfurt. The company explored an IPO last year, with a valuation potentially reaching $4 billion.