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Hong Kong-based stablecoin payment company RedotPay considers US IPO, with an expected scale of $1 billion
GateNewsBot
BlockBeats news, February 24 — According to market sources, Hong Kong-based stablecoin payment fintech company RedotPay is considering an IPO in the United States, with an estimated scale of $1 billion.
RedotPay previously completed a $107 million Series B funding round led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, and Circle Ventures. Current investors include HSG (formerly Sequoia Capital China) and others. RedotPay uses stablecoins to provide global payment services and has stated that it currently has over 6 million registered users in more than 100 markets worldwide.
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