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RedotPay Stablecoin Payments Firm Said to Consider $1 Billion IPO in New York: Bloomberg
16 Articles
16 Articles
HK-Based Stablecoin Payments Firm RedotPay Is Said to Consider $1 Billion US IPO
RedotPay, a stablecoin payments company based in Hong Kong, is considering an initial public offering in the US to potentially raise over $1 billion, according to people familiar with the matter.
RedotPay’s $1B IPO Push Could Reshape Stablecoin Payments
On Tuesday, Feb. 24, RedotPay is advancing plans for a U.S. stock market listing that could raise more than $1 billion, according to sources reported by Bloomberg. The sources claim that the company is looking to raise the funds at a valuation of more than $4 billion. However, the sources also claim that the situation is dynamic and that the final structure will depend on the outcome of the talks with the banks. The final structure will involve…
Hong Kong-Based RedotPay Plans $1 Billion IPO in the US
RedotPay eyes $1B US IPO, targeting a $4B valuation for its stablecoin payments firm. JPMorgan, Goldman Sachs, and Jefferies plan to collaborate with RedotPay. Institutional investors are increasingly interested in regulated stablecoin businesses. RedotPay, a Hong Kong-based stablecoin payments company, is reportedly considering launching an Initial Coin Offering (IPO) in the US. The proposed IPO targets over $1 billion, with the firm valued at …
RedotPay, a payment firm with stablecoins based in Hong Kong, would be preparing a stock exchange in the United States that could raise more than $1 billion, according to Bloomberg. *** RedotPay evaluates an IPO in New York that could value the company at more than $4 billion. The company would have hired JPMorgan, Goldman Sachs and Jefferies for the offer, according to reports. The size and schedule are not yet defined. RedotPay, specializing i…
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