$USDC steps toward becoming a publicly traded company. On January 11, 2024, Circle confidentially submitted a draft registration statement (Form S-1) to the U.S. Securities andExch

$USDC steps toward becoming a publicly traded company. On January 11, 2024, Circle confidentially submitted a draft registration statement (Form S-1) to the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). The specifics regarding the number of shares to be offered and the price range have not yet been determined.
Circle's journey to an IPO has seen previous attempts, including a planned merger with Concord Acquisition Corp, a special-purpose acquisition company (SPAC), which was called off in December 2022. Despite this, CEO Jeremy Allaire has affirmed the company's commitment to going public, emphasizing that Circle is financially robust and does not require additional funding to proceed with the IPO.