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Circle Hires IPO Bankers, Could File Next Month: Fortune

USDC issuer Circle is finally getting close to publicly filing for its IPO.

Mar 31, 2025 • 1 min read

Circle, the USDC issuer, is gearing up for a public debut by hiring JPMorgan and Citi to lead its IPO, Fortune reports.

What’s the Scoop?

Leading Underwriters: Circle has reportedly enlisted JPMorgan Chase and Citi as underwriters for its anticipated IPO.
Target Valuation: The USDC issuer is aiming for a valuation between $4 billion and $5 billion.
Renewed Push: This marks Circle's second attempt to go public after a failed SPAC merger attempt in 2021.

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