#CircleIPO #CircleIPO
Circle Internet Financial, the issuer of the USDC stablecoin, has planned to launch an initial public offering (IPO) in early 2024. However, by April 2025, the company had not yet carried out this IPO. Previously, in 2022, Circle attempted to go public through a merger with a special purpose acquisition company (SPAC) but was unsuccessful. Circle was valued at around $9 billion in its previous listing attempt and has received support from major investors such as Goldman Sachs, General Catalyst, and BlackRock.