Ledger Targets $4 Billion IPO in U.S. Amid Rising Crypto Security Needs

French hardware wallet manufacturer Ledger is positioning itself for a significant initial public offering (IPO) in the United States, aiming for a valuation exceeding $4 billion. The company is collaborating with notable financial institutions such as Goldman Sachs, Jefferies, and Barclays to facilitate this move, which could take place as soon as later this year.

Founded in 2014 in Paris, Ledger has recently seen its value increase from approximately $1.5 billion to a remarkable revenue of over $100 million in 2025. This surge is attributed to the growing demand for secure offline wallets, a response to a notable rise in cryptocurrency thefts and hacks.

In an interview, Ledger’s CEO, Pascal Gauthier, emphasized the strong investor interest and an urgent need for enhanced security measures in the cryptocurrency space. “The growing concerns about security have prompted us to accelerate our plans for a U.S. IPO,” Gauthier stated.

The cryptocurrency market has faced numerous challenges, particularly concerning security. As the number of cyberattacks targeting digital assets increases, the need for reliable storage solutions has become paramount. Ledger’s hardware wallets are designed to provide users with a secure means to store their cryptocurrencies offline, significantly reducing the risk of theft.

The impending IPO marks a pivotal moment for Ledger, as it seeks to expand its reach in a rapidly evolving market. The company aims to leverage its established reputation and recent financial successes to attract a wide range of investors, particularly those focused on innovative technology and cybersecurity.

As the cryptocurrency landscape continues to mature, Ledger’s upcoming IPO is likely to be closely watched by industry analysts and investors alike. The company’s ability to address security concerns while capitalizing on the growing market demand will be critical to its future success.

In conclusion, Ledger’s move towards a U.S. IPO represents not only a significant financial milestone for the company but also highlights the increasing importance of security in the cryptocurrency sector. As investors await further announcements regarding the listing, Ledger’s strategy will undoubtedly shape its trajectory in the years to come.