Ledger Eyes US IPO at $4 Billion-Plus Valuation

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Source: CryptoNewsNet Original Title: Ledger eyes US IPO at $4 billion-plus valuation Original Link: Ledger, the Paris-based crypto security company, is preparing for an initial public offering in the US that could value the firm at more than $4 billion.

The hardware wallet maker is working with Goldman Sachs, Jefferies, and Barclays on the deal, which could take place as soon as this year.

“Money is in New York today for crypto, it’s nowhere else in the world, it’s certainly not in Europe,” CEO Pascal Gauthier stated.

Rising demand from security-conscious crypto investors drove Ledger to a record in 2025, generating triple-digit millions in revenue. Ledger has sold over 7 million devices worldwide.

Ledger, founded in 2014, reached a $1.5 billion valuation after its 2023 funding round, with investors including Singapore’s True Global Ventures and 10T Holdings.

The potential listing follows a wave of crypto companies going public in the US. Several digital asset businesses including custodian BitGo started trading on the New York Stock Exchange, and stablecoin issuers and exchanges have gone public in the US market in recent periods.

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