Ledger Share Sale Reaches About ¥7.9 Billion as CEO Denies Immediate IPO

The cryptocurrency hardware wallet company was linked to a possible valuation above ¥635 billion, but its chief executive said an initial public offering is not imminent.

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Terms & Concepts
  • IPO: Initial public offering, when a private company lists shares on a public stock exchange for the first time.
  • Hardware wallet: A physical device that stores cryptocurrency private keys offline to improve security against online attacks.