What Does Circle's IPO Move Tell Crypto?
📉 Circle has filed for an IPO on the New York Stock Exchange (NYSE) under the ticker “CRCL”.
This is a critical step not only for the company but also for stablecoin regulations and institutional trust.
🔹 24 million Class A shares to be offered
🔹 Price per share: USD 24-26
🔹 JPMorgan, Citi and Goldman Sachs lead the process
🎯 This IPO is an indication that the company behind USDC is trying to integrate itself into traditional capital markets.
It could be a sign of sustained institutional interest.