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04/17/2026

Ledger Targets $4 Billion IPO With Wall Street Backing

Hardware wallet manufacturer Ledger has enlisted Goldman Sachs, Jefferies, and Barclays to support a $4 billion IPO, marking one of the largest crypto-related public offerings planned f

Ledger Targets $4 Billion IPO With Wall Street Backing

What happened: Hardware wallet manufacturer Ledger has enlisted Goldman Sachs, Jefferies, and Barclays to support a $4 billion IPO, marking one of the largest crypto-related public offerings planned for 2026. The move comes as Bitcoin trades around $89,100 according to some sources, with crypto adoption reaching what PWC calls "no longer reversible" status.

Why it matters: A successful Ledger IPO would validate the institutional appetite for crypto infrastructure plays and could pave the way for other hardware security companies to go public. The $4 billion valuation represents significant growth from Ledger's previous private funding rounds and signals mainstream acceptance of self-custody solutions.

Source: Decrypt