RedotPay considers confidential US IPO filing by end of 2026

Hong Kong-based stablecoin payments company RedotPay is reportedly planning a confidential US initial public offering by the end of 2026, two months after delaying its listing amid regulatory and legal disputes with Binance. The company is in talks with investors for a pre-IPO funding round that could value it between $4 billion and $5 billion. RedotPay previously disputed reports of a delay, stating it continues to work with partners on the IPO process, while Binance-affiliated companies have sued its founders alleging misuse of confidential information.