$USDC 📈 Circle filed for an IPO

The company Circle, the issuer of USDC, has filed for an initial public offering (IPO) on the New York Stock Exchange under the ticker "CRCL". In 2024, the company generated revenue of $1.68 billion, which is a 16% increase compared to the previous year. However, net profit decreased to $157 million due to rising operating expenses and payments to partners such as Coinbase.