Have you ever wondered how a French company in the cryptocurrency sector could rise to the top of the global financial world? Discover how Ledger, a major player in crypto, is preparing to make a sensational entry onto the American stock market scene.
The 3 must-know facts
- Ledger plans an IPO in the United States, with a potential valuation of 4 billion dollars.
- The company is backed by major investment banks such as Goldman Sachs, Jefferies, and Barclays.
- Ledger diversifies its revenue through services like Ledger Live and Ledger Enterprise, in response to the increase in cyber threats.
IPO in the United States: a strategic turning point
Ledger, known for its digital asset security solutions, plans an IPO on American soil, a decision that could materialize as early as this year. According to the Financial Times, this operation could value the company at 4 billion dollars. Such an initiative would demonstrate Ledger’s ambition to establish itself in the global market.
The company has already sought the expertise of renowned investment banks such as Goldman Sachs, Jefferies, and Barclays to orchestrate this operation. Although these institutions have not yet commented publicly, their involvement underscores the importance of this step for Ledger.
Economic context and opportunities in the United States
Since the Trump era, the cryptocurrency sector has experienced a period of strong growth in the United States, thanks to favorable deregulation. This dynamic has allowed many companies, like Circle and BitGo, to go public successfully. For Ledger, this economic climate represents a strategic opportunity for expansion and international recognition.
Ledger’s CEO, Pascal Gauthier, had already mentioned this possibility, stating that “the money is in New York today for cryptocurrencies.” This phrase aptly summarizes the appeal of the American market for companies in the sector.
A diversification of revenue for Ledger
In 2025, Ledger recorded impressive revenue, supported by the sale of its famous digital asset security keys. However, the company is not limited to this flagship product. Nearly half of its revenue now comes from services like Ledger Live, Ledger Enterprise, and Ledger Recover. These solutions meet the growing demand for security in the cryptocurrency sector, which is increasingly subject to cyberattacks.
Ledger strives to position itself beyond simple digital wallets by exploring the field of “signers.” This strategy aims to expand its offering towards the management of digital access and rights, a need heightened by the security challenges posed by artificial intelligence.
Context and history of Ledger
Founded in 2014, Ledger quickly established itself as a leader in cryptocurrency security solutions. Known for its hardware wallets, it has successfully diversified its offering by integrating innovative digital services. Its headquarters are based in Paris, but its influence extends far beyond French borders, with a strong presence on the international scene.
With this upcoming IPO, Ledger could not only strengthen its position in the global market but also open new development prospects in the digital asset sector. A crucial step for the company and for the cryptocurrency ecosystem in general.
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