COINTELEGRAPH · 2026-10-27 04:26 UTC

RedotPay weighs confidential US IPO filing by year-end

RedotPay, a Hong Kong-based stablecoin payments company, is considering a confidential US IPO filing by end of 2026 and seeking pre-IPO funding at a $4-5 billion valuation. The company has 8 million users and $410.5 million in 30-day stablecoin card transaction volume, but previously delayed listing plans due to regulatory hurdles and a Binance lawsuit seeking $473 million in damages. RedotPay denies allegations of misusing confidential information and says it is continuing to work with partners on the IPO process.

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