RedotPay weighs US IPO filing by year-end 2026

RedotPay is considering a confidential filing for a U.S. initial public offering before the end of 2026 while discussing a pre-IPO funding round that could value the stablecoin payments company at $4 billion to $5 billion, according to people familiar with the matter. Neither the filing timetable nor the financing has been finalized. The reported plan would move the Hong Kong-based company toward a possible U.S. listing, but RedotPay has not publicly confirmed a filing date. The people familiar with the preparations said the schedule could change. A confidential submission would allow regulators to review draft offering documents before they are made public, but it would not itself complete an IPO. RedotPay has disputed earlier reports that its IPO process was deferred, saying it continued working with advisers. The company has not announced an offering size, share price, listing venue or expected trading date. The reported fundraising remains under discussion, with no completed transaction or agreed valuation disclosed. The preparations are unfolding alongside litigation brought by Binance-affiliated companies against RedotPay’s founders. The plaintiffs are seeking nearly...