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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
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.

Hardware Wallet Giant Ledger Eyes $4 Billion IPO with Wall Street Backing

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