Ledger Eyes $4B+ Valuation in US IPO as Crypto Firms Flood Public Markets
Ledger, the French hardware wallet manufacturer, is advancing plans for a New York IPO with Goldman Sachs and Barclays advising. The offering could value the company above $4 billion, joining a wave of crypto-native firms accessing US capital markets.
The MOVE follows BitGo's recent public debut and mirrors IPO preparations by Grayscale and Kraken. Public listings have become a hallmark of crypto's institutional maturation, with Circle, Bullish, eToro, Figure, and Gemini already trading.
Market appetite appears robust—BitGo shares surged 24.6% on their trading debut. Ledger's hardware wallets, critical infrastructure for securing digital assets, position the company as a bellwether for broader crypto adoption.