RedotPay plans US IPO filing by year-end, pre-IPO round at $4B–$5B valuation

Hong Kong-based stablecoin payments company RedotPay is considering a confidential US IPO filing by year-end, according to Bloomberg sources. The firm is also in talks for a pre-IPO round at a valuation of $4B to $5B.

• RedotPay plans a confidential US IPO filing by year-end
• The company is in talks for a pre-IPO round at a $4B–$5B valuation
• RedotPay is based in Hong Kong and focuses on stablecoin payments