According to Bloomberg, Hong Kong stablecoin payment unicorn RedotPay is experiencing frequent executive turnover while advancing its U.S. IPO plans and is in talks with investment institutions regarding new financing of up to approximately $150 million. Previously, the company raised over $150 million cumulatively through two funding rounds in September and December 2025, with investors including Coinbase Ventures and Circle Ventures. RedotPay is currently valued at approximately $1 billion and plans to raise its valuation to over $4 billion through a U.S. listing. Company data shows that its annualized payment transaction volume has exceeded $10 billion, with user base surpassing 6 million.

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