🌐 Big news in the crypto world! Circle, the issuer of USDC stablecoin, is making strides to go public. The company has filed an S-1 form with the SEC, aiming to trade on the NYSE under "CRCL."

- Circle's reserve income hit $1.7 billion by the end of 2024, making up 99.1% of its total revenue.

- After a failed SPAC merger attempt in 2021, Circle is now pursuing an IPO with the help of JPMorgan Chase and Citi.

- The IPO could value Circle between $4 billion and $5 billion.

Circle isn't alone; Ripple, Kraken, and Gemini are also eyeing public offerings. What are your thoughts on crypto companies going public? Share in the comments!