Circle Partners with Major Banks for April IPO Launch
- Circle, issuer of USDC stablecoins, is planning an initial public offering (IPO) in April.
- The company is collaborating with JPMorgan Chase and Citi Bank for the IPO process.
- Circle filed paperwork for a traditional IPO with the SEC in January 2024.
- This IPO could be the largest crypto-related offering since Coinbase’s in 2021.
- USDC, issued by Circle, has a market cap exceeding $53 billion, second only to USDT.
Circle is set to file for its IPO in late April, working alongside JPMorgan Chase and Citi Bank. This move follows previous attempts and aims to be a significant event in the crypto industry.
Source (2.6)https://dailyhodl.com/2025/03/31/jpmorgan-chase-and-citi-partnering-with-stablecoin-issuer-circle-for-april-ipo-report/?rand=59076
