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Circle Files for NYSE IPO, Offering 24M Shares

  • Circle Internet Group, a leading global financial technology and stablecoin company, files for an IPO on NYSE, offering 24 million Class A shares.
  • The IPO share price is set between $24 and $26 per share, with a total of 9.6 million shares to be issued directly and 14.4 million shares to be sold by current shareholders.
  • Circle reports $1.68 billion in revenue and $156 million profit in 2024, showcasing positive performance compared to the previous year.
  • Circle's IPO may boost the integration of traditional finance and crypto, with the potential for more crypto companies like Ripple, Kraken, and Gemini to go public this year.

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