Circle Goes Public!
A new milestone in the crypto world: Circle, the issuer of USDC, filed for an IPO with the New York Stock Exchange (NYSE) under the ticker โCRCLโ.
๐ Target Valuation: $7.2 billion
๐ Shares to be Offered: 32 million
๐ Price Range: 27-28 $
๐ Market Cap: The company behind the $61 billion stablecoin USDC
Circle's move is a big step not only for the crypto industry, but also in the journey of stablecoins to integrate into regulations. Institutional investor interest is high, with giants like BlackRock and Ark Invest taking part in the offering.
As stablecoins move to Wall Street, who do you think is next?
