Crypto Security Firm Ledger Targets $4 Billion US IPO
Ledger is reportedly pursuing a New York listing that could value the company at over $4 billion [3].
French hardware-wallet maker Ledger is planning a US initial public offering that could value the company at more than $4 billion, according to reporting in the Financial Times and cryptocurrency news outlets [3][2].
Ledger, founded in Paris in 2014, sells cold-storage devices that let users keep private keys off-chain and was last valued at about $1.5 billion in 2023 after fundraising from investors including True Global Ventures and 10T Holdings [1][3].
Sources told reporters the company is working with Wall Street banks including Goldman Sachs, Jefferies and Barclays to facilitate a New York listing, and that the transaction could be completed this year; people familiar with the matter cautioned plans could still change [2][3][1].
Reports are based on people familiar with Ledger's plans and note that terms and timing are not final, leaving room for change before any formal offering [3][1].
Anonymous signal used only for weekly cluster rankings. No public counters.
Share
Broadcast this coverage
Copy-ready links for the networks your audience checks first.
Support independent reporting
If this summary helped, a small tip helps keep ClusterWire running.
Privacy note: we log tip UI events (page + action, and article slug when applicable) to improve the feature. We don’t store IP address, user-agent, or wallet addresses in analytics. Tips are on-chain, so the sending address is public in the transaction.
Citations
Follow the primary reporting behind this analysis. Click a citation to open the referenced source in a new tab.
- 1Crypto Security Company Ledger Targets $4 Billion IPO in US ListingNFTgators• Jan 23, 2026
- 2Crypto Hardware Wallet Firm Ledger Plans US IPO With Over $4B ValuationCryptoNews• Jan 23, 2026
- 3Crypto security company Ledger plots $4bn New York listingCryptofinance• Jan 23, 2026
Themes
Themes driving this story
Curated from the cluster of sources powering this article.