Redotpay considers confidential US IPO filing by year-end, report says
Hong Kong-based stablecoin payments firm Redotpay is weighing a confidential U.S. initial public offering filing by the end of the year and is reportedly negotiating a pre-IPO round valuing the firm at up to $5 billion.
Hong Kong-based crypto and stablecoin payments firm Redotpay is considering filing confidentially for an initial public offering in the United States by the end of the year, according to a report from Bloomberg citing people familiar with the matter. The potential move comes following months of regulatory wrangling.[1][2][4]
Alongside the listing plans, the company is in talks with investors to raise a pre-IPO funding round that would value the business at $4 billion to $5 billion. Redotpay had previously disputed reports suggesting its prospective U.S. listing had run into delays.[2][3][4][5][6]
Key facts
- Redotpay is a Hong Kong-based cryptocurrency and stablecoin payments startup.
- The company is considering submitting a confidential U.S. IPO filing by year-end following months of regulatory wrangling.
- Redotpay is negotiating a pre-IPO investment round at a valuation between $4 billion and $5 billion.
- The firm previously disputed reports asserting that its U.S. public listing had encountered delays.
Sources · 6 sources
- BL
Bloomberg@businessPost on X ·
Crypto firm Redotpay is considering a confidential US IPO filing by year-end after months of regulatory wrangling, people familiar with the matter said https://t.co/BHdALJiWoJ
Open source - TE
TechmemeArticle ·
Sources: Hong Kong-based stablecoin payments startup RedotPay plans a US IPO filing by year-end and is in talks for a pre-IPO round at a $4B to $5B valuation (Olga Kharif/Bloomberg) Olga Kharif / Bloomberg : Sources: Hong Kong-based stablecoin payments startup RedotPay plans a US IPO filing by year-end and is in talks for a pre-IPO round at a $4B to $5B valuation — Crypto firm Redotpay is considering filing confidentially for a US initial public offering by year-end, according to people familiar …
Open source - TE
Techmeme@TechmemePost on X ·
Sources: Hong Kong-based stablecoin payments company RedotPay plans a US IPO filing by year-end and is in talks for a pre-IPO round at a $4B to $5B valuation (@olgakharif / Bloomberg) (Visit Techmeme dot com for the link and full context!)
Open source - TB
The Block@TheBlockCoPost on X ·
NEW: Hong Kong-based crypto payments firm Redotpay is considering a confidential US IPO filing by the end of this year, according to Bloomberg. The company is also in talks with investors for a potential pre-IPO financing round that would value it at $4 billion to $5 billion, the report said.
Open source - CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: RedotPay reportedly weighing U.S. IPO at up to $5B valuation According to Bloomberg, the Hong Kong-based crypto payments firm is considering a confidential filing by year-end and is in talks with investors for a pre-IPO funding round valuing it at $4B–$5B. https://t.co/a9kh4Bj6lU
Open source - CT
Coin TelegraphArticle ·
RedotPay weighs confidential US IPO filing by year-end: Bloomberg The stablecoin payments company previously disputed reports that its US listing had been delayed.
Open source