<ul><li>Circle Internet Group is seeking to raise $624 million in an IPO on the New York Stock Exchange (NYSE) by offering 24 million Class A common shares priced between $24 to $26 per share.</li><li>ARK Investment Management is potentially investing $150 million in Circle's IPO, which aims to give Circle a $6.7 billion valuation under the ticker symbol 'CRCL.'</li><li>Circle, known for its USDC stablecoin, has become a prominent player in the crypto market, with a current market capitalization of $61.5 billion and significant trading volume.</li><li>J.P. Morgan, Citigroup, and Goldman Sachs & Co. LLC are facilitating the IPO as joint lead book-runners, signaling strong institutional interest in stablecoin companies like Circle.</li></ul>

Circle Seeks $624M in NYSE IPO as Stablecoin Adoption Hits New Highs

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