RedotPay Eyes $1B US IPO at $4B Valuation
Hong Kong–based stablecoin payments firm RedotPay is reportedly preparing for a $1 Billion US IPO, targeting a valuation of over $4 Billion.
🔹 Founded in 2023, RedotPay has already scaled to 6M+ users with presence in 100 markets
🔹 Previously raised $194M in funding
🔹 $107M Series B led by Goodwater Capital
Top Wall Street giants including:
• JPMorgan Chase
• Goldman Sachs
• Jefferies are said to be working on the potential listing.
📌 Why This Matters for Crypto
This signals growing institutional confidence in stablecoin-based payment infrastructure — a key bridge between traditional finance and blockchain rails.
If successful, RedotPay’s IPO could:
• Accelerate real-world crypto payment adoption
• Boost legitimacy of stablecoin fintech models
• Attract TradFi capital into Web3 payment ecosystems
Stablecoins are quietly becoming the backbone of global crypto transactions — and TradFi is starting to take notice.
#CryptoNews #Stablecoins #redotpay
