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News

Circle, IPO and Stablecoin

CoinDesk · 2d
Stablecoin Giant Circle Files for IPO on NYSE
Circle Internet Group, the firm behind stablecoin USDC, has filed for an initial public offering on the New York Stock Exchange, the firm said on Tuesday. Circle is offering 24 million of its class A shares,
Opinion
Bloomberg · 3d
Beware Stablecoin Hype in Circle’s $6 Billion IPO
With hype around the mainstream potential of these tokens now at fever pitch, Circle’s planned stock-market listing may yet raise questions over whether all dollars really are created equal. Circle’s prospectus contains plenty of blockchain jargon but nonetheless tells the story of a relatively straightforward business model,
Reuters on MSN · 4d
Stablecoin giant Circle targets $6.7 billion valuation in US IPO
By Arasu Kannagi Basil and Pritam Biswas (Reuters) -Circle Internet said on Tuesday it was targeting a valuation of up to $6.71 billion on a fully diluted basis in its U.S. initial public offering, as the stablecoin giant looks to tap into growing optimism around cryptocurrency.
CoinDesk
3d
BlackRock Mulling 10% Stake in Circle’s IPO, Joining ARK as Potential Buyer: Bloomberg
The asset management giant already maintains a close relationship with Circle. It manages the Circle Reserve Fund, a ...
3d
BlackRock Said to Plan to Buy Shares in Circle Internet IPO
BlackRock Inc. plans to acquire about 10% of the shares offered in Circle Internet Group Inc.’s initial public offering, ...

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