Digital currency company Circle is expected to submit its IPO paperwork by late April, with shares potentially trading as early as May.
Circle is working with major financial institutions, including JPMorgan Chase and Citi, for the IPO after an unsuccessful SPAC merger in 2021.
Circle recently partnered with the New York Stock Exchange's parent company and expanded its global reach with regulatory approval to launch USDC in Japan.
Regulatory hurdles may be fewer this time, as the SEC has shown a more open approach to crypto firms and regulatory clarity is being prioritized.