#CircleIPO A Circle, issuer of the stablecoin USDC, has filed for an initial public offering (IPO) in the US, signaling a growing mainstream acceptance of stablecoins and a significant milestone in the integration of the crypto industry with traditional finance. Here are some important points about Circle's IPO¹ ²:
- *Valuation and Offering*: Circle has set the price of its initial public offering at US$ 31 per share, raising US$ 1.05 billion and valuing the company at around US$ 8 billion.
- *Objectives*: With the IPO, Circle aims to strengthen confidence in its operation and expand its global presence, providing infrastructure for digital payments, decentralized finance (DeFi), and other applications using blockchain technology.
- *Importance for the Market*: Circle's move may influence other companies in the sector to follow suit, representing a step forward in the legitimization of the crypto market and attracting new investors.
- *Regulation*: Circle's decision comes at a strategic moment, driven by the expectation of clearer regulation in the US and increased interest from major financial players in the crypto market.
*Profile of Circle*:
- *Founded in*: 2013
- *Stablecoins*: USDC (market capitalization of over US$ 61 billion) and EURC (euro-denominated stablecoin)
- *Ticker*: CRCL (NYSE)
*Circle is about to go public! With the IPO valued at US$ 8 billion, the company seeks to strengthen its position in the cryptocurrency market.