Ledger IPO Delayed as Crypto Wallet Firm Pauses U.S. Public Listing Plans

Crypto wallet provider Ledger has reportedly put its plans for a U.S. public listing on hold due to difficult market conditions, according to two people familiar with the matter. One of the people said Ledger has not submitted a confidential draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), which is generally considered the first formal step toward an initial public offering.