#CircleIPO #CircleIPO: Circle Internet Financial, the issuer of the USDC stablecoin, confidentially filed for a U.S. IPO in January 2024. This move follows a failed SPAC deal in 2022 that had valued the company at $9 billion. Currently, Circle’s valuation in secondary markets has dropped to approximately $5 billion, reflecting broader market corrections and investor caution. In preparation for the IPO, Circle is relocating its headquarters to New York City and has filed to shift its legal domicile from Ireland to the U.S., aiming to align more closely with its primary market. The IPO’s success will depend on regulatory approvals and prevailing market conditions.