Ledger Hires Circle's (CRCL) John Andrews as CFO, Opens NYC Office
John Andrews, former Circle executive, joins Ledger as CFO to lead US expansion and institutional services ahead of a $4 billion potential IPO, company said.
- Ledger appointed John Andrews as Chief Financial Officer and opened a New York City office to expand its U.S. presence on March 20, 2026.
- Ledger is exploring a U.S. IPO and working with major banks, which could value the firm at more than $4 billion, as it positions for public markets and institutional investors.
- Andrews brings more than two decades in finance and joins from the stablecoin issuer, while the New York office backed by a multi-million dollar investment will serve Ledger Enterprise.
- Ledger is hiring across institutional and marketing roles to serve banks, asset managers, and custodians, with the office opening on March 23rd supported by a multi-million dollar investment.
- Ledger's market share and timing position it amid renewed investor interest in crypto infrastructure listings, with over 8 million devices sold globally and recent sector testing public markets, as BitGo listed and Kraken paused IPO plans earlier this week.
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Ledger Appoints Ex-Circle Exec as CFO, Eyes US IPO with New NYC Office
Ledger has appointed John Andrews as the company’s new chief financial officer. The company has also opened a new office in New York City. The move is a significant milestone for the company’s U.S. growth strategy. It is expanding its presence in its largest global market. Ledger said the new CFO will support the company’s next phase of growth. That includes its work with banks, asset managers, custodians, and stablecoin issuers. The company ann…
Ledger Appoints John Andrews as CFO, Opens New York Office Amid U.S. Expansion Push
TLDR: John Andrews joins Ledger as CFO, bringing 25+ years of finance experience and Circle’s IPO background. Ledger opens a New York office as part of a multi-million-dollar investment to grow its U.S. institutional base. Ledger secures over 20% of the world’s crypto and more than 30% of retail-held dollar stablecoins globally. Ledger is reportedly preparing for an IPO with a potential valuation exceeding $4 billion, pending market conditions.…
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