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Hong Kong’s RedotPay Targets $150M Pre-IPO Raise for US Listing
Yahoo Finance· 2026-03-18 20:30
RedotPay is looking to raise $150 million in a pre-IPO round. The Hong Kong based stablecoin payment processor is targeting a $4 billion valuation. The plan is to lock in capital before a US public listing that could come as early as this year. What makes it interesting is the context. The company says it is already profitable and has no immediate pressure to raise. There has also been recent executive turnover. And yet the fundraise is moving forward anyway. Something is being set up here. Key Takeawa ...