RedotPay’s Bold Move: Hong Kong Stablecoin Firm Eyes $1B IPO in US!

In a grandiose gesture that could make even the most hardened investors raise an eyebrow, RedotPay-a Hong Kong-based stablecoin firm-has begun contemplating a colossal IPO in the US. With over $1 billion potentially on the line, this audacious move could shake the crypto-payment infrastructure world to its very core.

Well, here we go again. Another stablecoin company, another US IPO dream, and this time it’s RedotPay, that seemingly overnight sensation out of Hong Kong. Bloomberg’s been whispering about this for a while, but now the world is bracing itself for the storm. A potential IPO that’s likely to make waves in the once wary world of crypto-linked finance.

RedotPay Eyes US Market: $1B IPO and Wall Street’s Stamp of Approval

Oh, you thought the stablecoin buzz was fizzling out? Think again. RedotPay is considering strutting its stuff onto the New York Stock Exchange, ready to collect an eye-watering sum from eager investors. Preliminary chats place the valuation at a delicious $4 billion-just a tad more than your average startup’s “good idea.”

RedotPay, a stablecoin payments company based in Hong Kong, is considering an IPO in the US to potentially raise over $1 billion, according to people familiar with the matter.

– Bloomberg (@business)

And of course, what would a serious IPO be without some serious advisors? RedotPay has roped in the big guns: JPMorgan Chase & Co., Goldman Sachs, and Jefferies Financial Group. You know, the kind of institutions you wouldn’t expect to associate with the digital wild west. But here they are, indicating that crypto’s hot date with traditional finance might finally be happening.

Related Reading:Hong Kong Firm Bets $436M on BlackRock IBIT

Remember the days when crypto was like the “bad boy” at the party that no one invited? Now, with institutional money piling in, RedotPay’s IPO could be the defining moment that proves stablecoins might just become the darling of financial infrastructures worldwide. Yes, those same stablecoins that once had bankers looking over their shoulders in horror.

Born in April 2023, RedotPay grew faster than most startup dreams. With its stablecoin-linked payment cards and multicurrency wallets, it’s been positioning itself as a leader in the ever-booming digital payments sector. Why not? The future’s now, and it’s digital.

Riding the Growth Wave: RedotPay’s Meteoric Rise

Fast forward to 2025: RedotPay’s got more than 6 million users globally. Not too shabby, right? It’s now serving over 100 international markets. The traction is real, the transactions are soaring, and predictions of future revenue are through the roof. In other words, things are looking pretty promising for this blockchain-based payment system.

Sources from Bloomberg are spilling the tea: RedotPay’s annualized payment volume is already pushing $10 billion. And with stablecoin usage climbing, they’ve seen their transaction activity triple in 2025. Let’s be clear-RedotPay is no longer a startup; it’s a unicorn.

Oh, and they weren’t shy about funding either. In 2025 alone, RedotPay raised $194 million, with the largest chunk coming in December-a cool $107 million in Series B funding. The big names behind this cash influx? Accel, Pantera Capital, Blockchain Capital, Circle Ventures, Coinbase Ventures, and Galaxy Ventures. You know, just a few of the usual suspects in the venture capital world.

Now, the IPO announcement is coming just as stablecoin adoption is spreading globally like wildfire. Institutions are scrambling to adopt blockchain payment systems-efficient and fast. RedotPay’s impending listing could just be the new gold standard for crypto-based payment firms.

On top of all this, Hong Kong’s regulatory environment has finally decided to give the green light. Stablecoin issuers and operators are starting to get some structure, which means RedotPay has a smoother road ahead as it pushes into international markets. Could this be the moment stablecoin payments finally get the mainstream acceptance they’ve been dying for?

When it comes down to it, RedotPay’s potential IPO in the US is more than just a financial play. It’s a declaration that traditional finance and digital currencies are not as separate as they once seemed. Wall Street’s backing may be the sign that the crypto revolution has officially entered its mainstream phase, and it’s only a matter of time before other fintech startups follow suit.

Read More

2026-02-24 19:14