#CircleIPO Hey, so Circle Internet Financial, that big US crypto company behind USD Coin, finally filed for an IPO on Tuesday. Their 225-page filing gives a peek into one of the world's biggest crypto firms, showing their huge role in stablecoins, but also highlighting some risks that might make investors think twice before the IPO. They tried going public before, a failed SPAC deal in 2022 cost them over $44 million, but with crypto doing well in the US, they're hoping this time's different – they're showing over $1.6 billion in 2024 revenue to attract investors. The filing doesn't give a date for the IPO, but shares usually start trading soon after filing. JPMorgan and Citi are helping with the IPO, by the way, and it'll trade under CRCL. Here's the lowdown from the filing: