French cryptocurrency hardware wallet maker Ledger is preparing for an initial public offering in the United States, potentially as soon as this year. The company, valued at $1.5 billion in 2023, could reach over $4 billion in the IPO, according to reports citing unnamed sources. CEO Pascal Gauthier has emphasized the appeal of New York as a hub for crypto investments.

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Hardware wallet provider Ledger is preparing a $4 billion public listing in 2026, engaging banks including Goldman Sachs. This move follows a surge in crypto IPOs, with BitGo recently raising $212 million. Several other firms, such as CertiK and Kraken, are also eyeing public debuts next year.

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