{"id":22642,"date":"2026-02-24T10:23:19","date_gmt":"2026-02-24T10:23:19","guid":{"rendered":"https:\/\/bitunikey.com\/news\/hong-kong-based-stablecoin-payments-firm-redotpay-eyes-1b-u-s-ipo\/"},"modified":"2026-02-24T10:23:32","modified_gmt":"2026-02-24T10:23:32","slug":"hong-kong-based-stablecoin-payments-firm-redotpay-eyes-1b-u-s-ipo","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/hong-kong-based-stablecoin-payments-firm-redotpay-eyes-1b-u-s-ipo\/","title":{"rendered":"Hong Kong\u2013based stablecoin payments firm RedotPay eyes $1B U.S. IPO"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Hong Kong-based stablecoin payments firm RedotPay is considering a U.S. initial public offering that could raise more than $1 billion and value the company at over $4 billion, Bloomberg reported, as the crypto IPO market shows renewed momentum. <\/p>\n<div id=\"cn-block-summary-block_8ef7b2bb086d934b2f3fa64fb4e7fee6\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>RedotPay is considering a U.S. IPO that could raise over $1 billion and value the firm above $4 billion, according to Bloomberg.<\/li>\n<li>The Hong Kong-based company provides stablecoin-powered wallets, global payouts and crypto payment cards, and reached unicorn status after raising $194 million in 2025.<\/li>\n<li>RedotPay\u2019s plans come amid a revival in crypto public listings, following IPOs from Circle Internet Group and BitGo, as well as a Nasdaq debut from a Kraken-linked SPAC.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">RedotPay joins crypto IPO wave<\/h2>\n<p>The potential New York <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-24\/hk-based-stablecoin-payments-firm-redotpay-is-said-to-consider-1-billion-us-ipo\" target=\"_blank\" rel=\"nofollow\">listing<\/a>, expected as early as this year with JPMorgan Chase, Goldman Sachs and Jefferies involved in the process, shows growing institutional interest in regulated digital asset businesses.<\/p>\n<p>Founded in April 2023, RedotPay offers stablecoin-powered payment solutions including multicurrency wallets, global payout services and crypto payment cards. The company has expanded rapidly, processing billions in annualized payment volume and building a user base of more than 6 million across more than 100 markets. <\/p>\n<p>It raised a total of $194 million in 2025 through multiple financing rounds, reaching unicorn status prior to its IPO plans.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The move by RedotPay comes against the backdrop of a broader resurgence in crypto-linked public offerings following a lull. <\/p>\n<p>In 2025, stablecoin issuer Circle Internet Group completed a major IPO on the NYSE, raising about $1.1 billion and achieving a valuation near $6.9 billion, highlighting investor appetite for regulated stablecoin businesses. <\/p>\n<p>Similarly, crypto infrastructure firm BitGo became the first digital asset company to list in 2026, raising over $200 million and signaling that equity market interest in crypto infrastructure remains strong despite recent price turbulence in digital assets.<\/p>\n<p>Beyond direct IPOs, the public markets have seen activity from special purpose acquisition companies affiliated with crypto platforms. A SPAC backed by Kraken recently completed a $345 million Nasdaq IPO to pursue digital asset deals, illustrating growing investor confidence in crypto infrastructure exposure through public equities.<\/p>\n<p>While regulatory clarity and macroeconomic volatility continue to shape the landscape, RedotPay\u2019s contemplated U.S. IPO highlights a trend of digital asset firms seeking traditional capital markets to support global expansion and institutional credibility.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong-based stablecoin payments firm RedotPay is considering a U.S. initial public offering that could raise more than $1 billion and value the company at over $4 billion, Bloomberg reported,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":22643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=22642"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22642\/revisions"}],"predecessor-version":[{"id":22644,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22642\/revisions\/22644"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/22643"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=22642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=22642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=22642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}