RedotPay Explores US IPO with Potential $4B Valuation
RedotPay is advancing plans for a US initial public offering that could raise over $1 billion, targeting a valuation exceeding $4 billion. The crypto payments firm has enlisted JPMorgan Chase, Goldman Sachs, and Jefferies as underwriters for the potential New York listing, which may occur as early as this year.
The company recently secured $194 million across three funding rounds in 2025, demonstrating strong investor appetite. RedotPay's payment infrastructure supports stablecoin-based cards and multicurrency wallets, processing nearly $10 billion in annualized payment volume for its 6 million users.
Market observers note the timing aligns with growing institutional interest in crypto-native financial services. The IPO structure remains fluid, with additional banks likely to join the syndicate as preparations progress.