News on February 11, according to The Information citing informed sources, payment service provider Stripe is considering arranging a round of employee stock sale plan, with the company's valuation expected to reach $85 billion or higher.
This will continue the company's previous stock repurchase, secondary market transactions and financing activities, bringing its valuation close to the historical peak of $95 billion set during financing in 2021. These financing activities have allowed this 15-year-old company to delay going public while providing liquidity opportunities for investors and employees.
Earlier news reported that Stripe completed an acquisition deal worth $1.1 billion for stablecoin infrastructure company Bridge, which may accelerate its layout in the stablecoin field.