#CircleIPO

Circle Internet Financial, the issuer of the USD Coin (USDC) stablecoin, has officially filed for an Initial Public Offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The company plans to list its Class A common stock on the New York Stock Exchange under the ticker symbol "CRCL." The specific number of shares to be offered and the target price range have not yet been disclosed.

+1

In 2024, Circle reported revenues of $1.67 billion, marking a 16% increase compared to the previous year. Despite this growth, the company's net income declined by approximately 42%, amounting to $156.9 million, down from $271.5 million in