#CircleIPO Circle, the company behind the popular stablecoin USDC, has officially filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). The company plans to list on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL" ¹ ² ³.
This move marks a significant milestone for Circle, which has been at the forefront of the stablecoin market. The company's USDC stablecoin has been used in over $25 trillion of on-chain transactions since its launch ¹.
Circle's IPO filing comes amid growing regulatory clarity around stablecoins. The company has reported $1.7 billion in revenue and $156 million in net income for 2024 ¹ ².
Some key details about Circle's IPO include:
- *Listing Exchange*: New York Stock Exchange (NYSE)
- *Ticker Symbol*: CRCL
- *Revenue (2024)*: $1.7 billion
- *Net Income (2024)*: $156 million
- *USDC Transaction Volume*: Over $25 trillion since launch ¹ ²