Ledger's potential IPO has sparked interest among investors and industry observers. The company's focus on self-custody solutions for cryptocurrency owners resonates with growing concerns about exchange security.
The company has reportedly hired investment banks, including Goldman Sachs and Jefferies, to guide the possible offering. While Ledger remains tight-lipped about its plans, market chatter suggests a 2026 listing is plausible.
Investors are drawn to Ledger's business case, which centers on providing hardware wallets for secure storage of cryptocurrency private keys. The company's revenue has reportedly exceeded $100 million in 2025, with over $100 billion in client assets secured.