Ledger is considering an IPO or fundraising in New York

According to the Financial Times, hardware wallet manufacturer Ledger is preparing to raise more funds, likely next year. Ledger CEO Pascal Gauthier stated that the company is considering an IPO in New York or a round of private financing and is actively expanding its business in New York.

Reportedly, as the fundraising plan is being developed, Ledger is experiencing its best year to date, with revenue reaching hundreds of millions of dollars so far in 2025. The company previously raised funds in 2023 from investors such as 10T Holdings and Singapore's True Global Ventures, resulting in a valuation of $1.5 billion.