Ripple has raised $318.5 million in total, backed by Andreessen Horowitz and others. Acquires Hidden Road for $1.25 billion to expand in digital finance. Launch of RLUSD stablecoin positions Ripple for broader market role. Ripple has confirmed it will not pursue an initial public offering in 2025, marking a notable shift from years of market […]
Ripple delays public listing even with SEC clarity and $11.3B value Read More »
Circle’s initial public offering (IPO) filing has drawn sharp criticism from industry insiders, who question its Bitcoin strategy and broader financial stability. While the company is best known for issuing the USDC stablecoin, its recent filings have revealed details that have prompted skepticism across the crypto space. Heavy on altcoins, light on Bitcoin and Ethereum
Key Takeaways: Circle has submitted a Form S-1 to the U.S. SEC, signaling its intention to go public. The company plans to list its Class A common stock on the New York Stock Exchange (NYSE) under the ticker symbol “CRCL.” The initial offering price range has not been determined, and the IPO’s timing depends on
Stablecoin Issuer Circle Files for IPO on NYSE Read More »
Circle, the issuer of the USDC stablecoin, is making a renewed push to go public after years of delays and shifting market conditions. The Boston-based fintech has reportedly hired JPMorgan Chase and Citi to lead its long-anticipated initial public offering. A public filing is expected as early as late April, Fortune reported on Monday. Circle
Circle Gears Up for IPO With Bank Hires, Eyes Late April Filing: Report Read More »
