Stablecoin Giant Circle Files for IPO on NYSE

by Spencer Haag

Circle Net Team, the company within the encourage of stablecoin USDC, has filed for an preliminary public providing on the Contemporary York Stock Replace.

Circle is providing 24 million of its class A shares, out of which 9.6 million is being provided by the company, while 14.4 is being provided by promoting stakeholders. The IPO label is anticipated to be between $24 and $26 per share.

The stablecoin massive will replace under the ticker ‘CRCL.”

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