PANews reported on November 10th that, according to the Financial Times, hardware wallet maker Ledger is preparing to raise more funds, likely next year. Ledger CEO Pascal Gauthier stated that the company is considering an IPO or a private funding round in New York and is actively expanding its operations there.

According to reports, Ledger is experiencing its best year to date as it unveils its fundraising plans, with revenues reaching hundreds of millions of dollars so far in 2025. The company was valued at $1.5 billion after raising funds in 2023 from investors including 10T Holdings and Singapore's True Global Ventures.