Ledger Eyes New York IPO or Fund Raise: Report
CoinDesk
Crypto hardware wallet firm Ledger is reportedly planning a New York IPO or a private fundraising round next year.Summary
Crypto hardware wallet company Ledger is reportedly considering an Initial Public Offering (IPO) in New York or an alternative private financing round in 2025, according to CEO Pascal Gauthier, who noted that "money is in New York today for crypto." This potential move follows a year of record triple-digit millions in revenue, fueled by increasing demand for secure custody solutions amid a rise in crypto thefts. Ledger currently manages approximately $100 billion worth of Bitcoin for its clients and was last valued at $1.5 billion in 2023 after a funding round involving investors like 10T Holdings and True Global Ventures.
(Source：CoinDesk)