Uphold considers IPO or company sale

Web3 financial platform Uphold is considering an initial public offering (IPO) or the possibility of selling the company, according to The Block. It is working with U.S. investment bank FT Partners to investigate these options. According to an unnamed person familiar with the matter, the company is seeking a valuation of in excess of $1.5 billion. Uphold previously said it was considering ways in which it could unlock yield related to XRP for consumers.