Bloomberg: Hong Kong Stablecoin Payment Company RedotPay Considers IPO in the US as Early as This Year, Potential Funding Could Exceed $1 Billion

Odaily News Hong Kong-based stablecoin payment company RedotPay is considering an initial public offering (IPO) in the United States, with potential funding exceeding $1 billion.

Informed sources revealed that RedotPay is collaborating with JPMorgan Chase & Co., Goldman Sachs Group Inc., and Jefferies Financial Group Inc., planning to list in New York as early as this year. The company may seek a valuation exceeding $4 billion. (Bloomberg)