USDC Issuer Company to List on Wall Street
Circle's shares will trade under the ticker CRCL and will have an initial price of between 24 and 27 dollars.
Circle will join other cryptocurrency companies listed on Wall Street, such as Coinbase. With this news, the likelihood of Circle being sold, as speculated, decreases.
In this IPO, 24 million class A shares will be offered at an estimated price of between 24 and 27 dollars per share. The ticker for Circle's shares will be CRCL.
With this news, the possibility of Circle being acquired by companies like Coinbase or Ripple would fall, a rumor that had been circulating, supposedly based on sources familiar with the negotiations.#usdc #Circle