RedotPay Prepares Confidential US IPO Filing Amid Pre-IPO Valuation Talks of $4 to $5 Billion
What happened
Hong Kong-based crypto payment firm RedotPay is preparing a confidential US initial public offering filing by year-end 2026, targeting a valuation between $4 billion and $5 billion.
The Context
* Heavyweight backing: The company is coordinating with JPMorgan Chase, Goldman Sachs, Jefferies, and Barclays to structure a private submission with the SEC while holding pre-IPO funding discussions. * Legal friction: The filing push comes despite an active $473 million lawsuit filed by Binance affiliates in August 2026 over alleged misuse of confidential data and customer diversion. * Compliance buildout: Ahead of the listing attempt, RedotPay secured a US money transmitter license, finished comprehensive anti-money laundering reviews, and completed formal financial audits.
The Number
— RedotPay's annualized revenue run rate, backed by more than 50% year-over-year revenue growth in the first nine months of 2026 and an operating profit margin topping 50%.
Takeaway
Watch for the SEC draft submission before year-end, which will signal whether consumer stablecoin gateways can successfully convert rapid transaction volume into public equity market listings.
Real-time updates, analysis, and reports on the blockchain and cryptocurrency sectors.
"Crypto News delivers real-time updates, analysis, and reports on the blockchain and cryptocurrency sectors."
— A47 Editor
RedotPay targets year-end US IPO filing amid $5B valuation talks: Bloomberg
RedotPay is weighing a confidential US initial public offering filing by year-end, according to Bloomberg, as the stablecoin payments company works toward a potential listing at a valuation in the $4 billion to $5 billion range. The report comes whil...
Covers blockchain, cryptocurrency news, project analysis, and market insights.
"Cointelegraph is a leading crypto-focused media outlet known for timely news, analysis, and educational content related to blockchain and digital assets."
— A47 Editor
RedotPay weighs confidential US IPO filing by year-end: Bloomberg
RedotPay is weighing a confidential US initial public offering filing by year-end, according to Bloomberg, as the stablecoin payments company works toward a potential listing. The report follows the company's earlier dispute of claims that its US lis...
Curated tech headlines including AI stories.
"Influential aggregator surfacing the day’s top tech/AI links."
— A47 Editor
Sources: Hong Kong-based stablecoin payments startup RedotPay plans a US IPO filing by year-end and is in talks for a pre-IPO round at a $4B to $5B valuation (Olga Kharif/Bloomberg)
Hong Kong-based stablecoin payments startup RedotPay is considering a confidential filing for a US initial public offering by year-end, according to people familiar with the matter reported by Bloomberg. The company is also reportedly in talks for a ...
Global markets, investing, and macroeconomics from a premier financial newsroom.
"Bloomberg is respected for in-depth financial reporting and data-driven analysis."
— A47 Editor
Redotpay Said to Prepare Confidential IPO Filing By Year-End
Crypto firm Redotpay is considering filing confidentially for a US initial public offering by year-end, according to people familiar with the matter, Bloomberg reported. The deliberations follow months of consideration and wrangling with regulatory i...