Ledger Pursues US IPO Valuation Amid Rising Hardware Wallet Demand

By: Isha Das

Renowned French crypto hardware wallet provider Ledger is strategizing to capitalize on the growing demand for secure cryptocurrency storage solutions by planning an initial public offering (IPO) in the United States. The move comes as the company seeks to secure a valuation exceeding $4 billion, reflecting an increased investor appetite particularly amid escalating concerns over crypto fraud and security breaches.

According to sources familiar with the matter, Ledger is engaging in discussions with major financial players including Goldman Sachs, Jefferies, and Barclays to facilitate this ambitious US listing. This initiative aligns with Ledger CEO Pascal Gauthier's previous statements from November 2025, outlining the company's intent to seek funding or a listing in New York, underscoring that the epicenter for cryptocurrency investment is not currently Europe but the US, which continues to showcase a robust market for digital asset-related investments.

The upcoming US IPO follows Ledger's strategic direction, similar to fellow crypto firms such as BitGo, which have recently ventured into public markets. This endeavor underscores a renewed interest among crypto investors in diversifying their portfolios towards secure, hardware-based solutions in the face of increasing cybersecurity threats. As digital currencies gain mainstream traction, the importance of secure and reliable storage options like those offered by Ledger becomes ever more critical in protecting digital assets.

This potential IPO signifies a pivotal moment for the hardware wallet industry and for Ledger, reflecting not only a strategic business expansion but also an adaptive response to market dynamics and investor demand. As Ledger gears up for its public offering, the anticipated success of this initiative could serve as a bellwether for other players within the cryptocurrency space considering similar public ventures.