Crypto
Hong Kong stablecoin payments startup RedDotPay seeks U.S. IPO this year
Hong Kong-based stablecoin payments company RedDotPay is discussing raising up to $150 million in new funding, The Block reported on Tuesday, citing Bloomberg News. The company is expected to be valued at more than $4 billion in the round. The talks come months after RedDotPay raised $194 million across two funding rounds in September and December 2025, gaining unicorn status. It also plans a U.S. IPO this year.