Uphold is considering an IPO or sale, seeking a valuation of more than $1.5 billion
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Planet Daily News: Digital asset trading platform Uphold is considering an initial public offering (IPO) or sale. Its CEO Simon McLoughlin revealed that the board has appointed FT Partners to explore strategic options, including an IPO in the United States or selling to another company. He stated that multiple banks and financial institutions are currently interested in Uphold, and an acquisition sale is also an option. Although McLoughlin did not disclose the valuation, sources familiar with the matter say it exceeds $1.5 billion. ()
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