Ledger taps ex-Circle exec to lead finance ahead of potential US IPO
Ledger appointed former Circle executive John Andrews as CFO and opened a New York office to boost US growth and potential IPO plans.Summary
Ledger, the Paris-based crypto security firm, has appointed John Andrews, a former executive from Circle, as its new Chief Financial Officer and established a new office in New York to accelerate its US expansion. Andrews, who previously managed investor relations and capital markets at Circle, is expected to support Ledger's growth amid increasing demand from banks and asset managers. CEO Pascal Gauthier emphasized that Andrews' experience at the intersection of traditional finance and digital assets is crucial for deepening their US footprint. This expansion builds upon Ledger's existing presence in New York, which previously focused on its Ledger Vault institutional custody product. Furthermore, Ledger is reportedly working with investment banks on plans for a US Initial Public Offering (IPO) that could value the company at over $4 billion, aligning with a trend of crypto firms seeking US listings.
(Source：Crypto Briefing)