04/16/2026
Hardware Wallet Giant Ledger Eyes $4 Billion IPO with Wall Street Backing
Ledger is preparing for a $4 billion initial public offering, enlisting Goldman Sachs, Jefferies, and Barclays as underwriters.
What happened: Ledger is preparing for a $4 billion initial public offering, enlisting Goldman Sachs, Jefferies, and Barclays as underwriters. The move comes as crypto adoption reaches what PWC calls an "irreversible" tipping point.
Why it matters: A successful Ledger IPO would mark a significant milestone for crypto infrastructure companies accessing traditional capital markets. The $4 billion valuation reflects growing institutional demand for crypto custody solutions and validates the hardware wallet market's maturation into a billion-dollar industry.
Source: Decrypt