๐ #CircleIPO is Here! ๐
Circle, the issuer of USDC, has officially filed for its IPO, planning to list on the NYSE under the ticker $CRCL. With $1.68 billion in revenue and $156 million in net income in 2024, Circle is proving its strength in the financial sector. The company aims to raise around $750 million, backed by major banks like JPMorgan and Citi. After a previously failed SPAC deal, this IPO marks a major milestone for stablecoins and crypto adoption in traditional markets. Will you be watching this closely? ๐ #Crypto #USDC #Blockchain #Finance #Stocks #Investing