Ledger Targets $4 Billion Public Offering with Wall Street Banking Support
Hardware wallet manufacturer Ledger has enlisted Goldman Sachs, Jefferies, and Barclays to support a planned $4 billion initial public offering.
What happened: Hardware wallet manufacturer Ledger has enlisted Goldman Sachs, Jefferies, and Barclays to support a planned $4 billion initial public offering. The move comes as institutional adoption of crypto custody solutions continues to accelerate, with companies seeking regulated, secure storage options for digital assets.
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 confidence in self-custody solutions, particularly as regulatory clarity improves and corporate treasury adoption expands.
Source: Decrypt