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Coin Telegraph
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Circle files for Initial Public Offering planned for April
- Crypto stablecoin issuer Circle Internet Group has filed for an Initial Public Offering (IPO).
- The company's prospectus does not specify the number of shares to be offered or the target price for the IPO.
- Circle's revenue for 2024 was $1.67 billion, a 16% increase compared to the previous year.
- Over 99% of Circle's revenue in 2024 came from its stablecoin reserves.
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