Crypto Hardware Wallet Firm Ledger Plans US IPO With Over $4B Valuation
French {hardware} pockets producer Ledger is reportedly planning a US preliminary public providing (IPO) in collaboration with a few of the prime Wall Street banks.
Financial Times reported Friday that the crypto safety agency is in search of a New York itemizing that might worth the corporate over $4 billion.
Further, Ledger is partnering with Goldman Sachs, Jefferies, and Barclays to facilitate the deal, which is predicted to be finalized this yr. Sources accustomed to the IPO strikes advised the publication that the plans are topic to vary.
Money is in New York Today for Crypto: Ledger CEO
Pascal Gauthier, Ledger’s CEO, touted its IPO plans in November 2025, emphasizing New York’s significance for crypto financing.
“Me spending extra time in New York is with the understanding that cash is in New York right now for crypto, it’s nowhere else on the planet, it’s actually not in Europe.”
Per an FT report at the time, Gauthier stated that the corporate has secured about $100 billion price of Bitcoin for its prospects. Besides, Ledger was final valued at $1.5 billion in 2023 throughout a funding spherical.
The fundraising comes after revenues hit triple-digit thousands and thousands in 2025 because of surging demand for safe custody options amid a pointy rise in crypto thefts.
Per Chainalysis report, round $17 billion was stolen in crypto scams and fraud in 2025, in comparison with $13 billion in 2024.
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