Crypto Security Company Ledger Targets $4 Billion IPO in US Listing

Quick take:

  • People familiar with the matter cautioned that the plans could still change, according to the Financial Times.
  • Ledger offers cold wallet storage devices, enabling crypto users to store private keys off-chain.
  • Founded in 2014 in Paris, Ledger was valued at $1.5 billion in 2023 after raising funds from the likes of Singapore’s True Global Ventures and 10T Holdings.

Cryptocurrency security company Ledger, the developers of the popular cold storage crypto wallet by the same name, is reportedly going public in an IPO that could value it at more than $4 billion.

According to the report by the Financial Times, the French cryptocurrency company is reportedly already working with bankers from bankers at…

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