According to CoinMeta, Redotpay is preparing to submit a confidential application to the U.S. Securities and Exchange Commission (SEC) for IPO before the end of the year, with a target valuation of at least $5 billion. The company is still in talks for a financing round of pre-IPO valued at $4 billion to $5 billion. Public information indicates that Redotpay currently has over 9 million customers and generates annual revenue of more than $180 million. In 2025, the company also raised $194 million in funding, with supporters including the venture capital departments of Coinbase and Circle.