@semur

Stablecoin Giant Circle Files IPO on NYSE at $6.7 Billion Valuation USDC stablecoin issuer Circle is pushing ahead with plans to go public on the New York Stock Exchange, per an SEC filing. Here's the latest. Stablecoin issuer Circle is hoping to raise as much as $624 million for its much anticipated initial public offering. The crypto giant—which is behind USD Coin (USDC), the seventh-biggest digital asset in existence—filed paperwork with the Securities and Exchange Commission Tuesday saying it would offer 24 million shares for $24 to $26 each. The firm is targeting a $6.7 billion fully diluted valuation. https://decrypt.co/322254/stablecoin-giant-circle-files-ipo-nyse-6-7-billion

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