#CircleIPO Circle Internet Group, Inc. has filed a registration statement with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) of its Class A common stock. Here's what we know so far ¹:

- *IPO Details*

- The company plans to list its shares on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL".

- The IPO is expected to raise funds for the company, with the exact amount and share price range still to be determined.

- *Company Overview*

- Circle Internet Group, Inc. is a financial technology company focused on creating a more open and accessible financial system.

- The company is known for its stablecoin, USD Coin (USDC), which is pegged to the US dollar and has facilitated over $25 trillion in on-chain transactions since its launch in 2018.

- *Use of Proceeds*

- The company will use the proceeds from the IPO for general corporate purposes, including funding its growth initiatives and investing in its platform and products.

- *Key Players*

- Jeremy Allaire, co-founder and CEO of Circle, will retain significant control over the company after the IPO, with Class B common stock representing approximately 30% of the total voting power.

This IPO marks a significant milestone for Circle, as it seeks to expand its presence in the financial technology sector and further develop its products and services. make a trade run up ipo