#CircleIPO

Circle has received approval from the regulatory authorities in Abu Dhabi. Will this be followed by the offering of its shares on the stock exchange to enjoy a market value equivalent to 4 billion dollars?

Circle has successfully obtained approval from the regulatory authorities in the Emirate of Abu Dhabi, bringing it closer to dominating the UAE market.

Its partnership with Hub71 allows access to its pilot tests and grants dedicated to startups.

Submitting its application for an initial public offering enables it to enjoy a market value equivalent to 4 billion dollars, supported by JPMorgan and Citi.

Circle - the company behind the stablecoin pair USDC and EURC - has made notable international progress after it was granted preliminary approval by the Financial Services Regulatory Authority (FSRA) in the Emirate of Abu Dhabi to operate as a licensed financial services provider in the Abu Dhabi Global Market (ADGM); a step that paves the way for the company's global expansion and brings it closer to its planned initial public offering (IPO) ...