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Cheddar News
  • 8 months ago
In a significant move for the cryptocurrency and fintech sectors, stable-coin giant Circle Internet Group has filed for an IPO on the New York Stock Exchange.
Transcript
00:00In a significant move for the cryptocurrency and fintech sector,
00:03stablecoin giant Circle Internet Group has filed for an IPO on the New York Stock Exchange.
00:08The company, which will trade under the ticker CRCL, is looking to raise up to $250 million.
00:15Shares are expected to price between $24 and $26 a piece.
00:20Circle is the issuer behind the widely used USDC stablecoin,
00:24and this could be considered the highest anticipated crypto IPO since Coinbase's launch back in 2021.
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