The Chairman, CEO, co -founder Jeremy Aller comments on “the first digital dollar in America”, the SEC and Cryptocurrency relationship and the company’s goals for the public.
(Reuters) – Serkel Internet said on Tuesday that it was aimed at an evaluation of $ 6.71 billion on a completely reduced basis in its initial public offering in New York, like Stablecoin giant It looks forward to taking advantage of the increasing optimism about the encrypted currency.
president Donald Trump The administration adopted cryptocurrencies and pledged to a more “rational” approach towards digital asset regulations, and to encourage companies from the industry to advertise.
The New York -based department is looking for its headquarters and some current investors to raise up to 624 million dollars by offering 24 million shares at a price ranging between 24 and 26 dollars.
Management Ark Investment Management’s Cathie Wood has noted the purchase of up to $ 150 million from Circle in the public subscription.
The rank of the district logo in New York, on Wednesday, February 12, 2025. (Gabby Jones / Bloomberg via Getty Images / Getty Images)
Circle offers 9.6 million shares in the offer, while the sale of shareholders, including ACCEL and General Catalyst, compete for 14.4 million shares.
Circle was founded in 2013, the main operator of Stablecoin USDC, which is more than $ 60 billion, according to Crypto Market Tracker Coingecko.
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American flags announced the construction of the New York Stock Exchange in New York City on November 6, 2024. (Reuters/Andrew Kelly/Photo File/Reuters)
Stablecoins are encrypted symbols whose value is linked to a stable origin to protect against wild fluctuations. In the case of USDC, the value has been linked to the US dollar.
Circle float will be one of the largest encryption lists since the stock market appeared in Coinbase Global in 2021.
Mike Novoghatz Galaxy Digital appeared on the Nasdak Stock Exchange earlier this month.
CEO, president and co -founder of Circle – who runs the USDC digital currency – talks about “huge” growth and stability seen in digital dollars. (Explanation of photos by Dominika Zarzycka/Sopa Images/Lightrockket via Getty Images/Getty Images)
Serkel had previously tried to offer a $ 9 billion in a Bob Diampled Spac, however The deal collapsed In late 2022.
The circle, which took advantage of 15 banks For public subscription, It will be included on the New York Stock Exchange under the symbol “CRCL”.
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(Participated in the reports of Arasu Kannagi Basil and Pritam Biswas in Bengalia; Edit by Xingini Ganguli)
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