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Crypto Wallet Maker Ledger Plans US IPO

Crypto News

Ledger, a French company that makes hardware designed to securely store cryptocurrency, reportedly plans to launch an initial public offering (IPO) in the United States.

The company is working with bankers and could launch an IPO as soon as this year, the Financial Times (FT) reported Thursday (Jan. 22), citing unnamed sources.

Ledger was valued at $1.5 billion in 2023 and could be valued at over $4 billion in an IPO, according to the report.

The company’s plans could change, per the report.

Ledger did not immediately reply to PYMNTS’ request for comment.

Ledger CEO Pascal Gauthier told the FT in November that he was considering a U.S. listing, the report said.

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