RedotPay eyes $1B+ US IPO, targets $4B valuation
6.7 Investments RedotPay is reportedly planning a US IPO to raise over $1B, targeting a $4B+ valuation. The stablecoin firm is working with major banks, but no official filing has been made.
RedotPay, a Hong Kong-based stablecoin payments company, is reportedly preparing for a U.S. initial public offering (IPO) that could raise over $1 billion and value the firm at more than $4 billion. Sources say RedotPay is working with major banks, including JPMorgan, Goldman Sachs, and Jefferies, for a potential New York listing as early as this year. However, no official filing or public confirmation has been made. The company achieved unicorn status in 2025 after raising $194 million in a Series B round and now claims over six million registered users across more than 100 markets. RedotPay is backed by leading venture investors such as Accel, Pantera Capital, Blockchain Capital, and Goodwater Capital. If successful, RedotPay’s IPO would be one of the largest public debuts for a crypto-focused payments business, reflecting growing institutional interest in digital asset infrastructure. Details regarding the IPO’s size, timeline, and structure remain unconfirmed, and the company has yet to issue an official statement.
