#CircleIPO
Circle IPO: A Major Move in Crypto Finance 🚀
Circle, the issuer of the USDC stablecoin, has officially filed for an Initial Public Offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The company plans to list its shares on the New York Stock Exchange (NYSE) under the ticker CRCL.
🔹 Key Highlights:
✅ Strong Financials – In 2024, Circle reported $1.68 billion in revenue with a net income of $156 million.
✅ Market Valuation – Recent estimates place Circle’s valuation at $5 billion to $5.25 billion, down from its previous $9 billion valuation.
✅ Leading Underwriters – J.P. Morgan and Citigroup are backing the IPO, signaling strong institutional interest.
✅ Second IPO Attempt – Circle previously
