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Stablecoin USDC issuer Circle files for $624 million IPO – More inside
Circle, the issuer behind USDC, the world’s seventh-largest cryptocurrency, is navigating a pivotal moment as it pushes ahead with plans for an IPO, even as acquisition rumors swirl around potential suitors like Coinbase and Ripple.
The stablecoin issuer, seeking to go public since 2021, has shut down recent rumors about selling to potential buyers.
According to DefiLlama, the stablecoin market cap reached $247.3 billion on May 29, a growth of 54.5% in the past 12 months.
Circle Internet Financial, which issues the USD Coin (USDC) stablecoin, recently declined a large acquisition proposal from ...
Analytics specialist Artemis, assisted by VC firms Dragonfly and Castle Island Ventures, looked at data from 31 stablecoin ...
In its updated IPO prospectus on Tuesday, Circle indicated that most of the shares being sold are coming from existing ...
Payments processing firm Worldpay will allow customers in the US and Europe to make disbursements with Circle Internet ...
USDC stablecoin issuer Circle has filed for an Initial Public Offering (IPO) to list its "CRCL" stock on the New York Stock ...
Circle Internet and some existing stockholders are aiming to raise as much as $624 million in an initial public offering in the United States, the stablecoin issuer said on Tuesday.
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