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04/07/2026

Hardware Wallet Giant Ledger Targets $4 Billion Public Debut

Crypto hardware wallet manufacturer Ledger has enlisted Goldman Sachs, Jefferies, and Barclays to lead what could become a $4 billion initial public offering.

Hardware Wallet Giant Ledger Targets $4 Billion Public Debut

What happened: Crypto hardware wallet manufacturer Ledger has enlisted Goldman Sachs, Jefferies, and Barclays to lead what could become a $4 billion initial public offering. The move comes as institutional adoption of crypto storage solutions accelerates, with Ledger controlling significant market share in the hardware wallet space.

Why it matters: This IPO would mark one of the largest crypto-adjacent public offerings to date, signaling institutional confidence in long-term crypto adoption. The valuation reflects growing demand for secure crypto custody solutions as both retail and institutional investors seek alternatives to exchange-based storage.

Source: Decrypt