According to The Information, Ledger, a manufacturer of crypto hardware wallets, has appointed former Circle executive John Andrews as Chief Financial Officer (CFO) to advance preparations for a potential initial public offering (IPO). John Andrews previously served as Head of Capital Markets and Investor Relations at stablecoin issuer Circle and played a key role in Circle’s IPO process. His hiring is seen as a critical step in Ledger’s preparations for going public. John Andrews stated that, due to current market volatility, Ledger’s IPO plans may be delayed.
Ledger Appoints Former Circle Executive John Andrews as CFO; IPO May Be Delayed Due to Market Volatility
TechFlowShare
Summary
Ledger has appointed John Andrews, a former Circle executive, as its new CFO as the company continues preparing for a potential IPO. Andrews led capital markets and investor relations at Circle and played a key role in its IPO process. He noted that market volatility could delay Ledger’s listing plans.
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