Ledger Eyes $4B IPO Amid Surging Demand for Crypto Hardware Wallets
Ledger, the Paris-based cryptocurrency hardware wallet manufacturer, is preparing for a potential $4 billion initial public offering. Goldman Sachs, Jefferies, and Barclays are advising on the listing, which could occur as early as this year. The company, valued at $1.5 billion in 2023, specializes in offline storage solutions for digital assets.
The move comes as U.S. policy shifts foster a more favorable environment for crypto businesses. BitGo's recent public listing exemplifies this trend, signaling growing institutional confidence in the sector. Ledger's IPO WOULD mark a significant milestone for the hardware security segment of the cryptocurrency industry.