#CircleIPO

Circle Internet Financial, the issuer of the USDC stablecoin, has been progressing toward becoming a publicly traded company. After a previously attempted $9 billion merger with a special-purpose acquisition company was terminated in late 2022, Circle confidentially filed for an initial public offering (IPO) in January 2024.

In September 2024, Circle announced plans to relocate its global headquarters from Boston to New York City, with the move to One World Trade Center scheduled for early 2025. This strategic decision aligns with the company's preparations for its IPO and signifies its intent to integrate more closely with traditional financial hubs.

As of April 2, 2025, Circle has publicly filed for its IPO, revealing significant revenue growth. The offering is expected to proceed following the completion of the Securities and Exchange Commission's review process, subject to prevailing market conditions. J.P. Morgan and Citigroup have been appointed as the lead underwriters for the IPO, and the company plans to trade under the ticker symbol "CRCL."

These developments underscore Circle's commitment to expanding its role in the financial sector and enhancing the transparency and trust associated with its USDC stablecoin.