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2025-04-01 20:50:53

ch0k1 on Nostr: USDC Issuer Circle Hires JPMorgan, Citi To Go Public in Late April: Fortune Circle ...

USDC Issuer Circle Hires JPMorgan, Citi To Go Public in Late April: Fortune
https://www.coindesk.com/business/2025/03/31/circle-hires-jp-morgan-citi-to-go-public-in-late-april-fortune

Circle has reportedly hired JPMorgan and Citi to lead its planned IPO, which could come prior to June, reported Fortune.

The USDC stablecoin issuer is targeting a valuation between $4 billion and $5 billion, according to the story.

Circle’s IPO push follows a failed 2021 SPAC merger attempt, but this time around faces a friendlier regulatory environment.

originally posted at https://stacker.news/items/931551
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