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Crypto Wallet Provider Ledger Puts IPO Plans On Hold

Crypto Wallet Provider Ledger Puts IPO Plans On Hold

Crypto Wallet Provider Ledger Puts IPO Plans On Hold
Crypto Wallet Provider Ledger Puts IPO Plans On Hold

Crypto wallet provider Ledger has paused its plans to go public in the U.S., citing difficult market conditions. 

Ledger has not filed any paperwork with the U.S. Securities and Exchange Commission (SEC), nor has it filed confidentially to hold an initial public offering (IPO).

The French cryptocurrency company has a number of options and could decide to raise capital privately rather than list its stock on a U.S. exchange.

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Earlier this year, reports surfaced that Ledger had hired U.S. investment banks for a potential IPO valued at $4 billion U.S. 

Wall Street firms Goldman Sachs (NYSE: $GS) and Jefferies (NYSE: $JEF) were reported to…

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