From the "Cold" Custody to #WallStreet Hot
#Ledger Prepare for its Jump to the NYSE with a Valuation of $4.000 Billion
The French giant in crypto security, Ledger, is ready to cross the Atlantic and conquer the New York stock market.
According to reports from Financial Times, the firm founded in 2014 is orchestrating an Initial Public Offering (IPO) on the New York Stock Exchange #NYSE that could materialize before the end of the year.
Explosive Valuation: The company projects a valuation that exceeds $4.000 billion, which represents massive growth compared to the $1.500 billion reached in its funding round of 2023.
Heavy Artillery on Wall Street: To ensure the success of the debut, Ledger has recruited financial elite: Goldman Sachs, Jefferies, and Barclays are at the forefront of the operation.
The "Security Effect": Ironically, the chaos of the market has been the fuel for Ledger. Its CEO, Pascal Gauthier, confirmed that while hacks in the industry reach historic highs, the company's revenues have soared to hundreds of millions, driven by users seeking refuge in "self-custody".
Institutional Backing: After attracting capital from firms like True Global Ventures and 10T Holdings, this IPO would mark a milestone of maturity for the crypto hardware sector.
