Circle Considers Acquisition Offers, Potentially Abandoning IPO Plans
- Ripple and Coinbase have engaged in informal talks to acquire Circle.
- Circle seeks at least $5 billion for a sale.
- The company filed an S-1 registration with the SEC last month for an IPO.
- Ripple’s bid of $4-5 billion was reportedly rejected by Circle.
- Coinbase co-created USDC with Circle in 2018 and holds an equity stake in Circle.
Circle is considering acquisition offers from Ripple and Coinbase, seeking at least $5 billion. The company may abandon its IPO plans if a deal materializes, having already filed an S-1 registration with the SEC last month. Ripple’s offer of up to $5 billion was declined by Circle.
Source (2.6)https://dailyhodl.com/2025/05/21/circle-seeking-at-least-5000000000-for-coinbase-acquisition-potentially-nixing-ipo-plans-report/?rand=59076
