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.