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RedotPay weighs confidential US IPO filing by year-end: Bloomberg

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 53 Views

RedotPay weighs confidential US IPO filing by year-end: Bloomberg

The stablecoin payments company previously disputed reports that its US listing had been delayed.

Hong Kong-based stablecoin payments company RedotPay is reportedly considering a confidential filing for a US initial public offering by the end of 2026, two months after reports that it had delayed its listing plans amid regulatory and legal hurdles.&

RedotPay is also in talks with investors about a potential pre-IPO funding round that could value the company at between $4 billion and $5 billion, Bloomberg reported Monday, citing people familiar with the matter.

RedotPay says it has more than 8 million users, while data from Paymentscan shows $410.5 million in 30-day stablecoin card transaction volume.&

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