Ledger eyes US IPO at $4 billion-plus valuation

Paris-based crypto security company Ledger is reportedly preparing for an initial public offering (IPO) in the United States, aiming for a valuation exceeding $4 billion. The company is working with Goldman Sachs, Jefferies, and Barclays on the potential deal, which might occur as early as this year. CEO Pascal Gauthier cited New York as the current global center for crypto funding. Ledger achieved record revenue in 2025, driven by security-conscious investors, and has sold over 7 million devices worldwide since its 2014 founding. This potential listing follows a trend of crypto companies going public in the US, benefiting from an administration that has prioritized digital assets.

(Source：Crypto Briefing)