Redotpay Eyes Year-end U.S. IPO Filing at up to $5B Valuation

WHO:

Techmeme - RedotPay is a Hong Kong-based stablecoin payments company.

Bloomberg Markets - People familiar with the matter said RedotPay is considering a confidential U.S. initial public offering filing.

WHAT:

Cointelegraph - RedotPay had previously disputed reports that its U.S. listing had been delayed.

Techmeme - RedotPay plans to file for a U.S. IPO by year-end.

Techmeme - RedotPay is in talks for a pre-IPO funding round valuing the company at $4 billion to $5 billion.

Bloomberg Markets - RedotPay is considering a confidential filing for a U.S. IPO.

WHERE:

Techmeme - RedotPay is based in Hong Kong.

Techmeme - The contemplated IPO filing would be in the United States.

WHY:

Bloomberg Markets - RedotPay’s IPO consideration follows months of deliberation and wrangling with regulatory issues.

(UPDATED October 27, 2026 05:05 UTC)

Hong Kong-based stablecoin payments company RedotPay is considering a confidential filing for a U.S. initial public offering after months of deliberation and regulatory issues. The company plans to file by year-end, after previously disputing reports that its U.S. listing had been delayed. RedotPay is also in talks for a pre-IPO funding round that could value it at $4 billion to $5 billion.

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(UPDATED October 26, 2026 21:05 UTC)

Hong Kong-based stablecoin payments company RedotPay is considering a confidential filing for a U.S. initial public offering and plans to file by year-end. The company is also in talks for a pre-IPO funding round that could value it at $4 billion to $5 billion. Its IPO plans follow months of deliberation and regulatory issues.