Rumors suggesting that Ripple may be considering an initial public offering (IPO) have recently caught the interest of the crypto community. However, it appears that another crypto giant may have set its sights on a public debut in 2024.
Circle IPO Report Takes Centre Stage
While speculations of Ripple’s IPO lose a bit of momentum, new reports of USDC stablecoin issuer Circle going public have been making the rounds.
According to a Bloomberg report on November 7, Circle was allegedly speaking with its advisers about filing an IPO in 2024. Although the rumors have spread like wildfire, Circle has refrained from publicly denying or confirming the speculations.
Earlier in July 2021, Circle had plans to go public in a blank-check merger deal which at the time had the value of $4.5 billion. The stablecoin issuer had intended to go public after merging with Concord Acquisition Corp, a company backed by Barclays Boss, Bob Diamonds.
However, Circle’s plans to go public were not suc
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