Latest IPO News

Ledger names John Andrews as chief financial officer and opens a New York office to expand its US operations and institutional business.

Crypto exchange Gemini is facing a proposed class-action lawsuit over what a complaint alleges is an “abrupt corporate pivot to a prediction-market-centric business model” after its IPO.

RedotPay says it restructured teams for efficiency after a Bloomberg report flagged executive turnover, China sensitivities and new funding talks.

RedotPay secured $194 million in 2025 across three funding rounds, reaching a valuation above $1 billion and drawing backing from crypto- and venture-focused investors.

The equity offering builds on Backpack’s token announcement earlier this month, in which the first 62.5% of tokens will be distributed to users.

The integration allows Ledger users to execute multichain token swaps directly from the wallet app while retaining hardware-based custody.

Backpack founder Armani Ferrante says the company’s staff and investors won’t get an allocation at its upcoming token launch to avoid insiders “dumping on retail.”

The blank-check company has yet to reveal an acquisition target, but the listing creates a new public vehicle tied to the US-based crypto exchange.

Securitize’s latest SEC filing showed that the company’s revenue increased nearly tenfold year-over-year as institutions experiment with tokenization.

A potential listing would further legitimize digital asset custody as core market infrastructure rather than a niche service following BitGo's public launch.

Speaking from Davos on Thursday, co-founder and CEO Ronghui Gu said a CertiK public listing would represent a significant advancement for companies involved in Web3.

The digital asset custodian’s choppy debut reflects shifting investor sentiment and tighter scrutiny of new listings as crypto markets struggle to regain momentum.

The Financial Times reports that Ledger is planning a US IPO at a $4 billion valuation as hardware wallet demand increases amid crypto fraud and hacks.

The funding will support Superstate’s effort to let companies issue and trade regulated shares directly on public blockchains.

BitGo priced its IPO at $18 a share and expects NYSE trading to begin Thursday, with SEC filings showing major holdings by founders and early investors.