Summary
- The Block reported that Uphold is reviewing an IPO or a company sale.
- Uphold stated that, in cooperation with FT Partners, its corporate value is estimated at over $1.5 billion.
- Uphold also recently announced that it is considering monetization strategies using XRP.
According to specialized cryptocurrency media The Block on the 9th (local time), the Web3 financial platform Uphold is reportedly considering an initial public offering (IPO) or a sale.
It is reported that the company is working with U.S. investment bank FT Partners for this purpose.
According to the media, Uphold's corporate value is estimated at more than $1.5 billion. Earlier, Uphold had announced that it was exploring monetization options utilizing XRP.
JH Kim
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