Uphold is considering an IPO or sale, seeking a valuation of over $1.5 billion

ChainCatcher news, according to The Block, the digital asset trading platform Uphold is considering an initial public offering (IPO) or a sale. Its CEO Simon McLoughlin revealed that the board has appointed FT Partners to explore strategic options, including an IPO in the U.S. or a sale to another company. He stated that there are currently several banks and financial institutions interested in Uphold, and a merger or acquisition is also one of the options. Although McLoughlin did not disclose the valuation, sources say it exceeds $1.5 billion.