Ledger is considering an IPO or fundraising in New York
ChainCatcher news, according to the Financial Times, hardware wallet manufacturer Ledger is preparing to raise more funds, most likely next year. Ledger CEO Pascal Gauthier stated that the company is considering an IPO in New York or a round of private financing, and is actively expanding its business in New York.
According to reports, as the fundraising plan is being launched, Ledger is experiencing its best year to date, with revenues reaching several hundred millions of dollars so far in 2025. Previously, in 2023, after raising funds from investors such as 10T Holdings and Singapore's True Global Ventures, the company's valuation reached 1.5 billions of dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
Crypto prices
More
