Hong Kong's RedotPay seeks to raise additional $150M

Hong Kong-based stablecoin payment firm RedotPay is seeking to raise an additional $150 million just months after its last funding round, Bloomberg reported. The company is currently in discussions with several firms for the new investment. RedotPay previously raised $150 million from Coinbase Global and USDC issuer Circle. The firm aims to achieve a valuation of over $4 billion through a U.S. listing as early as this year.