#CircleIPO
Here's a concise summary on Circle and Binance regarding an IPO:
**Circle has filed for a traditional stock market IPO (Initial Public Offering) in the United States, not on Binance.** Binance is a cryptocurrency exchange, not a platform for public company stock listings.
In January 2024, Circle Internet Financial (the issuer of the USDC stablecoin) confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC) for a proposed IPO. The number of shares and price range haven't been determined yet. Goldman Sachs is advising.
This move aims to raise capital and increase transparency as Circle expands beyond stablecoins into broader financial services. Binance is unrelated to this equity offering; it previously delisted certain USDC trading pairs.
