Ledger Plans US IPO at $4B as Crypto Security Demand Surges

French crypto hardware wallet maker Ledger is taking early steps toward a potential initial public offering in the United States, according to multiple reports. The company is said to be targeting a valuation north of $4 billion, which would make it one of the most valuable crypto infrastructure firms to list publicly.

Ledger is best known for its physical hardware wallets, devices that allow users to store cryptocurrencies offline rather than on exchanges. This setup reduces exposure to hacks, exchange failures, and phishing attacks. As crypto users increasingly prioritize control over their assets, demand for these products has continued to grow.

Reports suggest Ledger is holding discussions with major investment banks about a possible US listing, though no formal filings have been made yet. The IPO is still in the exploratory stage, and timelines remain flexible. A US listing, likely in New York, would give Ledger access to deeper capital markets compared to Europe.

Ledger CEO Pascal Gauthier has previously pointed to the United States as the center of crypto capital markets. A public listing there could help the company fund expansion, invest in new products, and strengthen its brand as a trusted name in crypto security.

The timing is not random. Crypto-related thefts and scams remain a major issue, pushing more users toward self-custody solutions. Hardware wallets like Ledger’s allow users to hold their private keys themselves, meaning they are not relying on third parties to safeguard funds. For many crypto users, especially after past exchange collapses, this has become a priority.

Ledger reportedly secures tens of billions of dollars worth of digital assets and has sold millions of devices worldwide. Its revenue has grown steadily as crypto adoption expands beyond early adopters into more mainstream users.

The potential IPO also fits into a broader trend. More crypto infrastructure companies are considering US public listings as investor interest returns and regulatory clarity slowly improves. Unlike speculative crypto tokens, firms focused on tools and infrastructure tend to appeal more to traditional investors.

For crypto casino players using digital assets, Ledger’s move is relevant. Secure self-custody wallets are often used to store winnings safely and reduce reliance on exchanges. A publicly listed Ledger could further boost confidence in using hardware wallets as part of responsible crypto play.

In summary, Ledger’s IPO plans signal strong demand for crypto security and self-custody tools. If successful, the listing could mark another step toward crypto infrastructure going mainstream, benefiting everyday users who value safety and control.

This article is for informational purposes only and does not constitute financial advice. Investing in cryptocurrencies and related companies involves risk and potential loss of capital.Gambling with cryptocurrencies carries risk. Always gamble responsibly and only with funds you can afford to lose.