Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO

Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO

Circle Internet said on Tuesday it was targeting a valuation of up to $6.71 billion (roughly Rs. 57,404 crore) on a fully diluted basis in its US initial public offering, as the stablecoin giant looks to tap into growing optimism around cryptocurrency. New York-based Circle and some existing investors are looking to raise up to $624 … Read more