circle

Circle Hikes IPO to 6M as BlackRock Demand Soars, Valuation Could Top B

Circle Hikes IPO to $896M as BlackRock Demand Soars, Valuation Could Top $6B

Key Takeaways: Circle and its shareholders increased the IPO offering to 32 million shares, targeting up to $896 million from the previous $624 million goal. Revised share pricing suggests strong investor demand, with BlackRock and Ark Invest among expected buyers. Circle has secured in-principle regulatory approval in Abu Dhabi and partnered with Hub71 to support […]

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Circle’s IPO attracts major interest, set for .2B valuation

Circle’s IPO attracts major interest, set for $7.2B valuation

Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC). The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised

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BlackRock to Buy Stake in Circle Internet Ahead of IPO: Bloomberg Report

BlackRock to Buy Stake in Circle Internet Ahead of IPO: Bloomberg Report

BlackRock Inc. is reportedly planning to purchase around 10% of the shares offered in Circle Internet Group Inc.’s upcoming initial public offering (IPO), according to a Bloomberg report on May 28. According to Bloomberg, BlackRock plans to purchase approximately 10% of the shares offered in Circle Internet Group’s proposed IPO. A filing with the U.S.

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Report: Blackrock Eyes 10% Stake in Circle’s IPO

Report: Blackrock Eyes 10% Stake in Circle’s IPO

Blackrock Inc. intends to acquire roughly 10% of the shares offered in Circle Internet Group Inc.’s upcoming initial public offering (IPO). Bloomberg first reported the news, citing people familiar with the matter. The move positions the world’s largest asset manager at the center of a high-profile public debut linking Wall Street with digital assets. The

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Circle Targets .7 Billion Valuation In Ambitious US IPO Move

Circle Targets $6.7 Billion Valuation In Ambitious US IPO Move

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Circle Internet, the issuer of the USDC stablecoin, announced plans for an initial public offering (IPO) that could value the company at up to $6.71 billion on a fully diluted basis. The New York-based company aims to raise as much as $624

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Circle files for IPO to raise up to 4 million amid stablecoin growth

Circle files for IPO to raise up to $624 million amid stablecoin growth

Price range set between $24.00 and $26.00 per share. Offering led by J.P. Morgan, Citigroup, and Goldman Sachs. 9.6 million shares offered by Circle, 14.4 million by existing holders. Circle Internet Group, the company behind the world’s second-largest stablecoin USDC, has filed to go public on the New York Stock Exchange. The move could generate

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Circle Sets The Record Straight: No Talks Of Sale To Coinbase Or Ripple

Circle Sets The Record Straight: No Talks Of Sale To Coinbase Or Ripple

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Circle, the issuer of the USDC stablecoin, has firmly denied reports suggesting it is engaged in informal discussions regarding a potential sale to either US-based crypto exchange Coinbase or blockchain payment company Ripple.  This denial comes in light of a report from

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Does Ripple Have the Upper Hand Against Coinbase in the Battle for Circle?

Does Ripple Have the Upper Hand Against Coinbase in the Battle for Circle?

TL;DR Ripple and Coinbase are reportedly competing to acquire Circle, with supposed offers exceeding $10 billion. The stablecoin issuer is said to favor Coinbase due to their shared history with USDC, but one X user believes Ripple has the better chance of winning the bid. The Contested Duel Earlier this year, Circle – the financial

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Ripple’s Failed Bid Explained: Expert Sees Circle’s B IPO Play Brewing

Ripple’s Failed Bid Explained: Expert Sees Circle’s $10B IPO Play Brewing

Ripple’s $5 billion acquisition bid was reportedly snubbed as one expert says Circle is eyeing a $10 billion IPO amid bullish momentum and favorable crypto regulation. Ripple’s Acquisition Bid Rejected? Expert Suggests Circle Has $10B IPO in Its Sights Attorney John E. Deaton, a well-known advocate for XRP holders, explained that Circle’s market value could

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Ripple Attempts  Billion Takeover Of USDC Issuer Circle, Bid Rejected

Ripple Attempts $5 Billion Takeover Of USDC Issuer Circle, Bid Rejected

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain payment firm, Ripple Labs, has reportedly offered to acquire rival stablecoin provider Circle Internet Group for an estimated $4 billion to $5 billion. However, this initial bid was rejected by Circle as being too low. Circle Responds To Ripple’s Interest According

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