Circle Stablecoin Success: Could It Be Paving The Way For A Publicly Traded Empire?

  • By Grand News Network
  • |
  • November 8, 2023

Circle Internet Financial, the firm behind the widely used USD Coin (CRYPTO: USDC) stablecoin, is reportedly exploring a transition into a publicly traded company as early as 2024.

Insiders who have elected to remain unnamed due to the private nature of their disclosures indicate the company is in the consultation phase, engaging with advisory entities regarding a potential IPO, Bloomberg reported.

These sources also note decisions are still in flux and there's no guarantee Circle will finalize plans for a public listing.

The discussions about Circle's public offering come at a time when the digital asset industry is under a microscope, a topic that will be a focal point at Benzinga's Future of Digital Assets conference on Nov. 14. As Circle contemplates its next steps, participants at the conference ...

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