#CircleIPO

Circle Internet Financial, the issuer of the USDC stablecoin, is preparing for an initial public offering (IPO) after a previous attempt via a SPAC merger in 2022 was halted due to regulatory delays. In January 2024, Circle confidentially filed an S-1 document with the U.S. Securities and Exchange Commission (SEC), signaling its intent to go public . The company is reportedly trading at a valuation between $5 billion and $5.25 billion in the secondary market . Circle aims to relocate its legal headquarters from Ireland to the U.S. ahead of the IPO, aligning with its strategy to tap into the American market .bloomberg.com+10coindesk.com+10coinmarketcap.com+10coindesk.com+1coindesk.com+1cryptopolitan.com+1coindesk.com+1

Despite regulatory hurdles, Circle remains committed to its IPO ambitions, viewing the move as a step toward greater transparency and legitimacy in the financial sector .bloomberg.com

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