Press "Enter" to skip to content

DayOne Eyes Dual Singapore-US IPO as AI Data-Centre Boom Accelerates

SINGAPORE, 17 May 2026 – Global data-centre operator DayOne is reportedly planning a simultaneous listing in Singapore and the United States, in a deal that could raise about US$5 billion and value the company at roughly US$20 billion, underscoring how artificial intelligence demand is reshaping capital markets across Asia.

The proposed dual initial public offering would mark one of Singapore’s most closely watched listings in years, while also giving DayOne access to deeper US capital markets where investors have shown strong appetite for AI infrastructure, cloud computing and data-centre assets. Reuters reported that it could not immediately confirm the Financial Times report, while DayOne did not immediately respond to a request for comment.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

Author

  • Rebecca Hsu is a Senior Economist and Lead Analyst for The Ledger Asia, focusing on the rapidly evolving financial landscapes of East and Southeast Asia. With a background in sovereign risk assessment and emerging market trends, Rebecca provides sharp commentary on trade dynamics, monetary policy, and the digital economy's impact on regional growth.

    Formerly a strategic advisor for major financial institutions in Hong Kong, she excels at translating complex macroeconomic shifts into actionable insights for investors and policymakers. Her work at The Ledger Asia centers on China’s economic transition and the burgeoning manufacturing hubs of ASEAN, ensuring readers stay ahead of Asia’s shifting financial tides.

Latest News