RedotPay Explores US IPO Valued Over $4 Billion, Could Raise $1 Billion

Hong Kong based stablecoin payments company RedotPay is reportedly considering a US initial public offering that could raise more than $1 billion, valuing the firm at over $4 billion. The company is in discussions with investment banks including JPMorgan Chase, Goldman Sachs, and Jefferies for a potential New York listing as early as 2026. Terms and timing remain under review.

Founded in April 2023, RedotPay offers stablecoin linked payment cards, multicurrency wallets, and international payout services. The platform serves six million users and processes roughly $10 billion in annualized payment volume.

Funding Milestones and Unicorn Status

RedotPay raised $194 million in 2025 across three funding rounds, achieving unicorn status. The Series A round closed in March for $40 million, followed by a $47 million strategic round in September backed by Coinbase Ventures and other investors. A $107 million Series B in December, led by Goodwater Capital, attracted participation from Pantera Capital, Blockchain Capital, and Circle Ventures.

The company’s IPO plans reflect strong venture capital interest in stablecoin infrastructure and payment platforms, a sector that saw over $100 million in investment in 2025 alone.

Disclaimer

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