Ledger Suspends U.S. IPO Plan, Eyes $4B Valuation Amid Market Headwinds

GateNews

According to CoinDesk, hardware wallet maker Ledger has suspended its U.S. IPO plan on May 13 due to unfavorable market conditions. The company had previously discussed a potential public listing with Goldman Sachs, Jefferies, and Barclays at an estimated valuation of $4 billion, but has not filed an S-1 registration with the SEC. Ledger is now evaluating alternative financing options, including private capital raises.

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