Circle taps JPMorgan and Citi to lead IPO, targeting April filing

From invezz.com

Circle Internet Financial, the company behind the widely used USDC stablecoin, has tapped two Wall Street giants, JPMorgan Chase and Citi, to spearhead its long-anticipated initial public offering (IPO). According to sources familiar with the issue, the fintech firm is gearing up to publicly file its prospectus by late April, setting the stage for a potential stock market debut before June. Notably, this move marks a significant step for Circle, which has been eyeing public status for years, and underscores the growing intersection between traditional finance and the cryptocurrency sector. After a failed attempt to ... (full story)