June 2 (Reuters) – Crypto firm Circle Internet said on Monday it was targeting a valuation of up to $7.2 billion on …
Circle
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Markets
Circle Eyes $7.2B Valuation in Upsized U.S. IPO Amid Strong Investor Demand
by shayaanby shayaanCircle, the issuer of the USDC stablecoin, is aiming for a fully diluted valuation of up to $7.2 billion in its upcoming …
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Leading stablecoin issuer Circle denies its potential sale to San Francisco-based crypto companies Ripple Labs or Coinbase. A spokesperson affiliated with the …
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Analysis
USDC issuer Circle seeks IPO under ‘CRCL’ with Goldman, JPMorgan support
by shayaanby shayaanCircle, the USDC stablecoin issuer, has filed to go public under the ticker “CRCL” through an initial public offering on the New …
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Regulation
Circle Seeking at Least $5,000,000,000 for Coinbase Acquisition, Potentially Nixing IPO Plans: Report
by shayaanby shayaanRipple and Coinbase have both reportedly participated in informal talks to acquire the stablecoin issuer Circle. Fortune, citing four anonymous banking and …
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Circle’s USDC and Tether’s USDT are the two largest stablecoins in the world, with a combined market capitalization of over $210 billion. …
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Markets
Coinbase’s Stake in Circle Could Block Ripple’s Alleged $20 Billion Offer
by shayaanby shayaanRipple is back in the headlines, reportedly raising its acquisition offer for Circle, the issuer of USDC. Initial reports suggested Ripple offered …
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San Francisco-based enterprise blockchain company Ripple has reportedly approached Circle with a mammoth acquisition offer. It has made an offer in the …
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Regulation
Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem
by shayaanby shayaanCircle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, …
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Regulation
Circle denies plans to become a bank, focuses on aligning with stablecoin regulations
by shayaanby shayaanCircle, the issuer behind the USDC stablecoin, has firmly denied rumors suggesting it plans to apply for a US banking license. The …