RedotPay targets year-end US IPO filing amid $5B valuation talks: Bloomberg

Hong Kong-based stablecoin payments company RedotPay has reportedly renewed preparations for a U.S. initial public offering, with a confidential regulatory filing under consideration before the end of 2026 and a potential valuation of up to $5 billion. Summary RedotPay is considering a confidential U.S. IPO filing before the end of 2026. A potential pre-IPO funding round could value the payments company at $4 billion to $5 billion. JPMorgan, Goldman Sachs, Jefferies and Barclays are reportedly advising on the proposed listing. RedotPay’s IPO preparations continue amid a $473 million legal dispute involving Binance affiliates. According to an October 26 Bloomberg report, citing people familiar with the matter, the company is considering submitting its paperwork privately to the U.S. Securities and Exchange Commission while continuing discussions with investors about a possible pre-IPO funding round. The proposed fundraising could value RedotPay between $4 billion and $5 billion, although neither the transaction nor the filing timetable has been finalized. The discussions follow months of regulatory preparations and a legal dispute involving Binance-affiliated companies. RedotPay con...