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Stablecoin issuer Circle kicks off its IPO, targeting a nearly $6 billion valuation
cnbc.com/2025/05/27/stablecoin-issuer-circle-kicks-off-its-ipo-targeting-a-nearly-6-billion-valuation.html
Circle, the issuer of the popular USDC stablecoin, has begun its long-awaited initial public offering process, looking to raise about $624 million at a valuation around $6 billion.
The company, led by CEO Jeremy Allaire, said Thursday in a filing that it plans to sell 24 million shares…
This story appeared on cnbc.com, 2025-05-27 16:29:23.