<ul><li>Stablecoin issuer Circle is reportedly considering a potential sale to Coinbase Global or Ripple while still pursuing its initial public offering (IPO).</li><li>The company is aiming for a valuation of at least $5 billion in the negotiations and IPO, as reported by Fortune via Seeking Alpha.</li><li>Circle had previously rejected a $4 billion to $5 billion takeover bid from Ripple and had hired investment banks to underwrite its potential IPO.</li><li>The wave of digital asset deals was sparked by a crypto-friendly White House, with Ripple acquiring Hidden Road for $1.25 billion, and Coinbase planning to acquire Deribit for $2.9 billion.</li></ul>

Report: Circle Considers Potential Sale While Pursuing IPO

Discover more