Management at payments giant Stripe is unlikely to pursue a traditional IPO as the company doesn’t need additional funding and is instead more likely to opt for a direct listing, which would use existing shares to trade on a public stock exchange and let market forces determine their price.
Stripe accepted Bitcoin as a payment method in 2015 and suspended the service in 2018. After that, the company returned to the cryptocurrency market in 2021 and increased its investment in blockchain payment business. In 2022, Stripe announced support for cryptocurrency and token payments, and also built AIP to provide cryptocurrency payment services for enterprises. (Forbes)