Press ESC to close

Circle plans IPO but talks with Ripple, Coinbase could lead to sale: Report

Cointelegraph.com NewsCircle, the issuer of stablecoin USDC (USDC), is still planning an initial public offering (IPO), but the company is also in informal talks with Ripple and Coinbase about a sale, according to a report from Fortune.Circle is seeking at least $5 billion, which is its target for the IPO, according to the four banking and private equity sources Fortune cited.… 

​Circle, the issuer of stablecoin USDC (USDC), is still planning an initial public offering (IPO), but the company is also in informal talks with Ripple and Coinbase about a sale, according to a report from Fortune.Circle is seeking at least $5 billion, which is its target for the IPO, according to the four banking and private equity sources Fortune cited.… 

Leave a Reply

Your email address will not be published. Required fields are marked *