“Circle, which produces USDC steiblcoin, is preparing for the primary offer of securities (IPO) in the US. Fortune writes about it with reference to your own sources. The exact terms of the listing have not yet been determined. According to insider information, Circle intends to apply for IPO at the end of April. The company also cooperates with JPMorgan Chase and Citi’s investment banks. Usually, there is about a month between the submission of applications for the initial offer and the start of the auction. […]”, – WRITE: Businessua.com.ua
Circle, which produces USDC steiblcoin, is preparing for the primary offer of securities (IPO) in the US. Fortune writes about it with reference to your own sources.
Exact Listing terms have not yet been defined. According to insider information, Circle intends to apply for IPO at the end of April.
The company also cooperates with JPMorgan Chase and Citi’s investment banks.
Usually, there is about a month between the submission of applications for the initial offer and the start of the auction.
USDC – the second largest steiblcoin with a market capitalization of about $ 60 billion.
Recall that in July 2021, Circle announced that it would become a public company due to a back merger with Concord Acquisition. On December 5, 2022, the issuer abandoned this plan.
In November 2023, Circle’s intention was reported to the Stock Exchange by Bloomberg journalists. In January 2024, the firm confidentially applied for IPO in the US.
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