Ledger Eyes $4B U.S. IPO with Wall Street Backing
Ledger, the Paris-based crypto wallet manufacturer, is advancing toward a U.S. initial public offering that could value the company above $4 billion. Goldman Sachs, Jefferies, and Barclays are advising on the deal, which may launch as early as this year.
The MOVE aligns with Ledger's strategic expansion in North America, where 40% of its revenue originates. CEO Pascal Gauthier has emphasized the U.S. as the natural listing venue, citing the country's concentrated institutional interest in digital assets.
Wall Street's involvement signals growing mainstream acceptance of crypto infrastructure firms. Ledger's IPO preparations coincide with increased capital markets activity surrounding blockchain enterprises in New York.