Ledger plans $4B US IPO as crypto hardware wallet demand surges
Ledger, the French blockchain firm best known for its hardware crypto wallets, is working with investment banks to explore a potential US initial public offering that could value the company at more than $4 billion, highlighting renewed investor interest in digital asset firms.
The company is partnering with bankers from Goldman Sachs, Jefferies, and Barclays as it assesses the listing, according to people familiar with the matter. The sources said an IPO could take place as soon as this year, though they cautioned that the plans remain subject to change.
Several crypto firms go public through an IPO in the US
Ledger designs and manufactures hardware devices, similar in appearance to USB drives, that enable cryptocurrency…
