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Ledger is preparing for a $4 billion IPO on the New York Stock Exchange in 2026, working with major firms like Goldman Sachs, Jefferies, and Barclays. This announcement follows BitGo's successful NYSE listing and comes amid a trend of digital asset companies planning public offerings despite a downturn in the crypto market. Other firms, including CertiK and Kraken, are also looking to go public in the next few years.
Figure Technologies, a stablecoin issuer, successfully raised $787.5 million in its initial public offering, selling 31.5 million shares at $25 each. This move highlights the growing acceptance of digital assets in mainstream markets, driven by favorable regulatory conditions and increased corporate adoption.
Wen Acquisition, a SPAC focused on fintech and blockchain, has filed with the SEC to raise $261 million through an IPO by offering 26.1 million units at $10 each. Led by CEO Julian Sevillano, the company aims to invest in infrastructure firms that integrate blockchain with traditional financial systems and plans to list on Nasdaq under the symbol WENNU.