Circle plans to launch an IPO in 2025, targeting a valuation of $4 to $5 billion, in collaboration with JPMorgan Chase and Citi. This IPO could be the largest since Coinbase's in 2021 and may enhance USDC's market position.
The move could increase USDC adoption by boosting Circle's credibility in the cryptocurrency sector. However, the lack of official comments from Circle or the SEC leaves uncertainty in the market.
Industry speculation surrounds potential regulatory impacts and shifts in cryptocurrency acceptance within traditional finance.
Full story here: https://coincu.com/329756-circle-ipo-jpmorgan-citi-2025
