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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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Rutland Herald broke the news in on Friday, March 20, 2026.
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