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BitcoinSistemi 2025-05-27 16:04:08

Circle, the Company Behind USDC, Is Listed on the New York Stock Exchange! Here Are the Details

Circle, the Company Behind USDC, Is Listed on the New York Stock Exchange! Here Are the Details

Circle Internet Group, the company behind the USDC stablecoin, has officially filed for an initial public offering (IPO) with plans to trade on the New York Stock Exchange (NYSE) under the symbol “CRCL.” Stablecoin Issuer Circle Files for IPO on NYSE, Targets $24-$26 Share Price According to the filing, Circle will offer 24 million Class A shares, with 9.6 million coming directly from the company and the remaining 14.4 million to be sold by existing shareholders. The expected IPO price range is set at $24 to $26 per share. If priced at the top end of the range, the offering could go as high as $624 million, valuing the crypto firm in the billions of dollars, depending on final allocations and market reaction. Circle is best known for issuing USD Coin (USDC), the second-largest stablecoin by market cap, which is widely used in crypto trading, decentralized finance (DeFi), and payment platforms. The move to go public comes as Circle aims to solidify its presence in traditional financial markets and increase transparency amid increasing regulatory scrutiny of the stablecoin sector. *This is not investment advice. Continue Reading: Circle, the Company Behind USDC, Is Listed on the New York Stock Exchange! Here Are the Details

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