Consensys

RedotPay says it has completed a financial audit required for a U.S. listing, alongside a separate review of its anti-money-laundering and counter-terrorist-financing controls. The Hong Kong-based stablecoin payments company says its IPO has not been deferred, even as other crypto firms have pushed back listing ambitions.

Crypto companies are facing a tougher path to public markets as investor caution, weaker trading conditions and capital rotation into artificial intelligence weigh on listing plans. Market participants say access to capital, not regulation, has become the central obstacle for would be crypto IPO candidates.

The U.S. regulator closed its investigation into "Ethereum 2.0," Consensys said.