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.

Circle is offering 24 million of its class A shares, out of which 9.6 million is being offered by the firm, while 14.4 is being offered by selling stakeholders. The IPO price is expected to be between $24 and $26 per share.

The stablecoin giant will trade under the ticker ‘CRCL.”

Leave a Reply

Your email address will not be published. Required fields are marked *