Reuters: Circle secretly submits IPO application to the United States
According to Reuters, stablecoin company Circle has reportedly secretly filed for a US IPO as part of its plan to become a publicly traded company. Circle has not disclosed the number of shares it plans to sell or the proposed price range for its new IPO application.
Circle stated that the IPO is expected to take place after completion of the review process by the US Securities and Exchange Commission, but this will depend on market conditions and other factors.
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