Ledger, the French hardware wallet manufacturer, is preparing for an initial public offering (IPO) in the United States, potentially valuing the company at over $4 billion. The company is collaborating with Goldman Sachs, Jefferies, and Barclays to facilitate the IPO, which could be finalized this year.
Founded in 2014, Ledger specializes in hardware wallets that enable secure storage of digital assets. The company achieved a valuation of $1.5 billion in 2023 after a funding round involving investors like True Global Ventures and 10T Holdings. CEO Pascal Gauthier previously indicated that Ledger's annual revenue has surpassed $100 million, supporting the decision to pursue a U.S. listing.
Ledger Targets U.S. IPO with Valuation Over $4 Billion
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