CoinDesk and CryptoBriefing both report RedotPay's completed audit, but disagree on whether the company's US IPO has been pushed to 2027.
CoinDesk and CryptoBriefing both report RedotPay's completed audit, but disagree on whether the company's US IPO has been pushed to 2027.
What all sources agree on
- RedotPay has completed a financial audit as part of its preparation for a U.S. IPO.
- RedotPay is a Hong Kong-based stablecoin payments company.
- RedotPay reported 8.5 million users as of mid-2026.
- RedotPay is pursuing a U.S. initial public offering.
Where the reports disagree
1Whether the IPO timeline has been pushed back to 2027 or later
“There has been no deferral of our IPO,” a RedotPay spokesperson told CoinDesk in emailed comments.
The listing was originally slated for 2026, but has been pushed back to at least 2027.
What would settle it: RedotPay's own public statement on listing date or its eventual SEC registration filing
2Target valuation figure
RedotPay is targeting a valuation of more than $5 billion, according to a person familiar with the matter.
The company initially targeted a raise of more than $1 billion at a valuation exceeding $4 billion, with JPMorgan Chase, Goldman Sachs, and Jefferies reportedly advising on the deal.
What would settle it: RedotPay's IPO prospectus or underwriter term sheet, if made public
What to make of it
Treat the completion of RedotPay's financial audit and its 8.5 million user figure as established; do not treat the IPO timing or exact target valuation as settled until RedotPay or a regulatory filing states it directly.
Treat the completion of RedotPay's financial audit and its 8.5 million user figure as established; do not treat the IPO timing or exact target valuation as settled until RedotPay or a regulatory filing states it directly.
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