Stablecoin payments firm RedotPay eyes $1bn US IPO- report

Hong Kong-based cryptocurrency payments platform RedotPay is reportedly planning an initial public offering (IPO) in the US. The company is aiming to raise more than $1bn through the listing, Bloomberg reported, citing people familiar with the matter. The IPO could take place in New York as soon as this year, according to the report. The publication said RedotPay is working with JPMorgan Chase & Co., Goldman Sachs Group Inc. and Jefferies Financial Group Inc. on the potential offering. The company may s ...