Crypto firm Circle appoints JPMorgan and Citi to gear up for IPO
From Yahoo Finance: 2025-04-01 07:32:00
Circle Internet Financial, issuer of USDC stablecoin, appoints JPMorgan Chase and Citi for IPO preparation with IPO paperwork expected by late April. Previously attempted SPAC merger in 2021 failed due to SEC non-approval, shifting to traditional IPO filing in January 2024. Interest income made up 99% of revenue in 2023. Headquarters moved to New York in September 2024. Launched USDC stablecoin in Japan with SBI Holdings.
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