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Stablecoin Issuer Circle Files For IPO
Wednesday April 2, 2025. 02:10 AM , from Slashdot
![]() Circle reported $1.68 billion in revenue and reserve income in 2024, up from $1.45 billion in 2023 and $772 million in 2022. The company reported net income last year of about $156 million., down from $268 million a year earlier. A successful IPO would make Circle one of the most prominent pure-play crypto companies to list on a U.S. exchange. Coinbase went public through a direct listing in 2021 and has a market cap of about $44 billion. Read more of this story at Slashdot.
https://slashdot.org/story/25/04/01/2233251/stablecoin-issuer-circle-files-for-ipo?utm_source=rss1.0...
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