Circle Aims for $6.7 Billion Valuation with NYSE IPO

Circle Aims for 6.7 Billion Valuation with NYSE IPO.jpeg

Circle Internet, the issuer of the USDC stablecoin, has officially filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE), targeting a valuation of approximately $6.7 billion. The company plans to raise up to $624 million by offering 24 million shares priced between $24 and $26 each, reflecting a renewed optimism in the cryptocurrency market.

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