Initial Public Offering

Binance has sued Hong Kong-based RedotPay and its founders, alleging the stablecoin payments company diverted about 470,000 users and caused nearly $473 million in losses. RedotPay has rejected the claims as unfounded and says it will defend itself vigorously.

Bithumb is preparing for a potential initial public offering in 2028 after reorganizing its business and moving to strengthen internal controls. The South Korean crypto exchange plans to complete risk and accounting upgrades by the end of 2026 before seeking a preliminary listing review in 2027.

AMINA is evaluating routes that could eventually lead to a public listing while emphasizing strategic growth capital as its immediate priority. The Swiss digital asset bank has drawn attention as crypto firms reassess IPO timing amid uneven public-market performance.