The Stablecoin Issuer Circle Internet Group has filed a S-1 registration statement for a preliminary public offering in the US, a filing on April 1 in the Securities and Exchange Commission shows.
The USD coin (USDC) Issuer is planning To list its class a common stock in the New York Stock Exchange under the “CRCl,” shows.
The Circle prospectus does not detail the number of shares offered or what the IPO price will be.
The IPO’s filing also showed that the Circle had brought $ 1.67 billion income for 2024-marking a 16% increase of year-year-while the evidence (income before the interest, tax, coherence, and amortization) fell 29% up to $ 284.8 million.
Circle financials over the past three years ended on December 31. Source: Sec
This is a story development, and further information will be added as it is available.
