Circle, one of the world’s largest stablecoin issuers, has applied to go public.
USD Coin (USDC) issuer Circle has applied to go public. According to the news provided by Reuters circleas part of its plans to become a publicly traded company. It has applied for its public offering in the USA. he stated.
The company emphasized that it is expected to go public after the US Securities and Exchange Commission (SEC) completes its review process, depending on market and other conditions.
The USDC issuer previously sought to go public via a special purpose acquisition. in 2022 in an agreement 9 billion dollars He stated that it was worth it. However, this agreement could not be completed at that time and the plans fell through in the short term.
Circle does not know the number of shares it plans to sell or the number of shares proposed for its new IPO filing. hasn’t announced the price range yet.
According to CoinGecko data, USDC 25 billion dollars It has a market value of 22 billion dollars hosts the volume.