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.

Read more

Comments

Post a Comment

Popular posts from this blog

BitMEX Exposes Lazarus Group's Cyber Security Vulnerabilities

Image
BitMEX's security team has exposed significant operational security vulnerabilities within the Lazarus Group, a North Korean state-sponsored cybercrime organization. Their counter-operations probe revealed critical lapses, including exposed IP addresses, database access, and tracking algorithms, offering unprecedented insight into the group's methods and structure. Read more
Read more