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Bloomberg: Hong Kong stablecoin payment company RedotPay is considering an IPO in the United States as early as this year, with a funding amount potentially exceeding $1 billion.
Deep Tide TechFlow News, February 24 — According to Bloomberg, Hong Kong-based stablecoin payment company RedotPay is considering an initial public offering (IPO) in the United States, with potential funding exceeding $1 billion.
Sources familiar with the matter say RedotPay is working with JPMorgan Chase & Co., Goldman Sachs Group Inc., and Jefferies Financial Group Inc., planning to go public in New York as early as this year. The company may seek a valuation of over $4 billion.