Ledger seeks US IPO at $4 billion valuation: Financial Times

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William Foxley

Fri, January 23, 2026 astatine 10:04 AM CST 1 min read

French hardware wallet decorator Ledger has hired concern banks for an archetypal nationalist offering (IPO) successful the United States that could worth the concern astatine much than $4 billion, according to reporting from the Financial Times.

The listing could instrumentality spot arsenic soon arsenic this year, though circumstantial timing remains taxable to change.

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The FT reports Ledger selected Goldman Sachs, Jefferies, and Barclays to negociate the transaction. Ledger is 1 of the astir fashionable crypto hardware devices that enables cryptocurrency investors to self-custody funds.

Founded successful 2014, Ledger past raised large backing successful 2023 successful a woody vaulting them astatine $1.5 billion.The steadfast joins a broader question of cryptocurrency firms entering nationalist markets. Custodian BitGo listed connected the New York Stock Exchange (NYSE) this week, raising $212 cardinal astatine a $2.1 cardinal valuation arsenic the archetypal large manufacture listing of 2026. Stablecoin issuer Circle and exchanges Gemini and Bullish each completed listings successful the United States past year.

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