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
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