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Hace 4 días Circle, the issuer of the popular USDC stablecoin, has launched its initial public offering, looking to raise about $624 million at a $5.65 billion valuation. Circle has reportedly hired JPMorgan and Citi to lead its planned IPO, which could come prior to June, reported Fortune. The USDC stablecoin issuer is targeting a valuation between $4 billion and Circle, the issuer of the USDC stablecoin, recently filed for an initial public offering (IPO) on Ap, at a valuation of $4-5 billion, based on its S-1 filing with the Circle Internet Financial, the company behind the USDC stablecoin, has filed for an initial public offering on the New York Stock Exchange. The company plans to list under Circle, the company behind the $USDC stablecoin, has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). This means Hace 4 días Circle’s IPO, filed on, outlines a dual-class stock offering comprising 24 million Class A shares.Of these, 9.6 million shares will be issued directly by the company “Although the timing of that is not in our hands, it is in the hands of the SEC; our current expectation is that we will emerge as a public company sometime in the fourth Cryptocurrency company Circle is officially trying to go public, filing confidential IPO plans with the SEC. The company has yet to announce the number of shares

USDC Circle IPO: Going Public, Valuation, and What You Need to Know

Is USDC creator Circle going public? Yes, and the anticipation is building. Circle, the company behind the popular USDC stablecoin, has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). This marks a significant step for the cryptocurrency industry, as Circle aims to become a publicly traded company.

Circle\'s IPO: Key Details

Circle has filed confidentially for an IPO. The company has yet to announce the number of shares, but it has outlined a dual-class stock offering comprising 24 million Class A shares. Of these, 9.6 million shares will be issued directly by the company.

Valuation Targets: Reports suggest Circle is targeting a valuation between $4 billion and $5 billion. While early reports indicated a potential valuation of around $5.65 billion, the current market conditions may influence the final valuation.

Leading the Charge: Circle has reportedly hired JPMorgan and Citi to lead its planned IPO.

When Will Circle Go Public?

The exact timing of the Circle IPO is subject to SEC approval. Circle anticipates emerging as a public company sometime. "Although the timing of that is not in our hands, it is in the hands of the SEC; our current expectation is that we will emerge as a public company sometime in the fourth" quarter of 2024.

USDC\'s Role and Circle\'s Future

Circle Internet Financial, the company behind the USDC stablecoin, has filed for an initial public offering on the New York Stock Exchange, and plans to list under a specific ticker (to be announced). The success of USDC, a leading stablecoin pegged to the US dollar, is central to Circle\'s business model and future growth prospects.

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