USD Coin issuer Circle Internet Group is trying for a second time to get listed on the New York Stock Exchange after disclosing significant revenue growth.
Circle Internet Group Inc. filed publicly for a long-awaited initial public offering, with the stablecoin provider showing steadily increasing revenue.
US firm is latest crypto group to try to take advantage of more favourable environment towards industry under Trump
JPMorgan Chase and Citi are reportedly serving as lead underwriters, and the company is seeking a valuation between $4 billion and $5 billion, Fortune reported.
Cloud-computing provider CoreWeave Inc., the latest large offering, had to walk back its IPO size by about 40% from the midpoint range pitched by bankers after pushback from investors. Shares of the company rebounded this week to trade above its IPO price.
Even though it's coming during a volatile period for the markets and economy, the cryptocurrency company's planned listing puts pressure on rivals and regulators.
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Circle, issuer of the USDC stablecoin, has hired investment banks JPMorgan Chase (JPM) and Citigroup (C) to help it prepare an initial public
Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company, which makes money from interest earned on