Market Chatter: Ledger Eyes $4 Billion US IPO

MT Newswires Live
Jan 24

Ledger, a French cryptocurrency company, has reached out to bankers for an initial public offering in the US that could value it at more than $4 billion, Financial Times reported Friday, citing people familiar with the matter.

The company is working with bankers at Goldman Sachs (GS), Jefferies (JEF), and Barclays (BCS) regarding the plan, which could take place as early as this year, according to the report.

According to the report, Ledger chief executive Pascal Gauthier told the FT in November that he was exploring a US listing.

Ledger, Goldman Sachs, Jefferies, and Barclays didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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