Uphold Considering IPO as Valuations Rise Above $1.5 billion

- Uphold is exploring an IPO or sale amid rising valuations - CEO Simon McLoughlin cites growing interest from financial institutions On June 9, 2025, The Block reported that Uphold is evaluating an initial public offering (IPO) or a sale to another company, with financial services firm FT Partners guiding this evaluation. The Block also reported that this decision stems from Uphold's growing valuations and, as cited by CEO Simon McLoughlin, increased interest from financial institutions. Furthermore, The Block's report on June 9 detailed Uphold's active engagement with U.S. consumers interested in XRP, a cryptocurrency that has recently seen significant activity. Consequently, these strategic moves by the company indicate an intention to capitalize on the rising market dynamics and consumer interest in digital assets.