LEDGER PAUSES US IPO PLANS AMID MARKET UNCERTAINTY Crypto security firm Ledger has paused its planned U.S. IPO due to unfavorable market co…
LEDGER PAUSES US IPO PLANS AMID MARKET UNCERTAINTY
Crypto security firm Ledger has paused its planned U.S. IPO due to unfavorable market conditions, according to a report.
The company has not yet filed a confidential S-1 with the SEC, and may instead pursue private fundraising options.
Earlier reports had valued a potential listing at around $4 billion, with major banks including Goldman Sachs, Jefferies, and Barclays advising on the deal. Ledger is best known for its hardware wallets that securely store crypto offline.
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