RedotPay weighs US IPO that could raise $1B at over $4B valuation: Report

CoinTelegraph

by Amin Haqshanas

February 24, 2026

AI-Generated Deep Dive Summary

RedotPay, a Hong Kong-based stablecoin payments company, is reportedly exploring a potential US IPO that could raise over $1 billion and value the firm at more than $4 billion. The company has already secured significant backing from crypto-focused and venture capital investors, including $194 million raised in 2025 across three funding rounds, which pushed its valuation above $1 billion. RedotPay is collaborating with major investment banks—JPMorgan Chase, Goldman Sachs, and Jefferies—to prepare for a New York listing that could debut as early as this year. While terms are still under review and subject to change, additional banks may join the underwriting group. Founded in April 2023, RedotPay offers a range of financial services tailored to digital assets, including stablecoin-linked payment cards, multicurrency wallets, and international payout solutions. The company has rapidly expanded its user base to over 6 million individuals and now processes approximately $10 billion annually in payment volume. This growth trajectory highlights the increasing demand for blockchain-based payment systems, particularly in the cryptocurrency space. The potential IPO of RedotPay comes at a pivotal time for the crypto industry, as businesses like RedotPay continue to bridge traditional finance with digital assets. By leveraging stablecoins and innovative payment solutions, RedotPay is addressing a critical need for reliable cross-border transactions and financial services within the blockchain ecosystem. Its strategic partnerships with leading investment banks further underscore the growing mainstream acceptance of cryptocurrency-related ventures. For crypto enthusiasts and investors, RedotPay’s IPO bid signals a maturation of the blockchain sector. If successful, it would not only bolster RedotPay’s position as a key player in stablecoin payments but also set a precedent for other crypto firms looking to expand their reach through public markets. This move could further validate the potential of digital assets and related technologies in reshaping global finance.

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Originally published on CoinTelegraph on 2/24/2026