Hong Kong-based stablecoin payment unicorn RedotPay is experiencing frequent executive changes as it advances its U.S. IPO plans. The company is currently negotiating with investment firms to secure up to $150 million in new funding. Previously, RedotPay raised over $150 million in two funding rounds in September and December 2025, with investors including Coinbase Ventures and Circle Ventures. The company is valued at approximately $1 billion and aims to increase its valuation to over $4 billion through a U.S. listing. RedotPay reports an annualized payment transaction volume exceeding $10 billion and a user base of over 6 million.