#CircleIPO

Circle, the issuer of the USDC stablecoin, is preparing for an initial public offering (IPO) on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL". Here are the key details¹ ² ³:

- *Valuation*: Circle is targeting a valuation of up to $5 billion, with some estimates ranging between $4 billion and $6 billion.

- *IPO Filing*: The company filed a 225-page financial disclosure with the US Securities and Exchange Commission (SEC) in early April 2025, outlining its financial performance and risk factors.

- *Financial Performance*: Circle reported $1.68 billion in revenue for 2024, up from $1.45 billion in 2023, and a net income of $156 million in 2024.

- *Potential Acquisition*: Circle is also in talks with Coinbase and Ripple for a potential sale, with bids reportedly ranging between $5 billion and $6 billion.

- *Lead Underwriters*: JPMorgan Chase and Citi are serving as lead underwriters for the IPO, which could make Circle one of best tool..