Circle Trading Around $5 Billion Valuation Ahead of Planned IPO: Sources
Circle Internet Financial, the issuer of the stablecoin USDC, is reportedly trading around a $5 billion valuation in the secondary market as it prepares for an initial public offering (IPO). This valuation is significantly lower than the $9 billion it was valued at in 2022 when it attempted to go public through a special purpose…
