Circle, the USDC, stabilcoin attached to the US dollar, the public submitted on Tuesday. The company, which makes money from the interest accepted in the reserve asset, report that 2024 income and 2024 income and 20.68 billion income, up to $ 1.45 billion years before. Circle 2024 Net income $ 156 million, down from $ 268 million in 2023. This is a second-round attempt in the stock list. Companies before trying to go publicly by combining spacs in 2022 but issue plans when sec does not approve in the desired time. Before failing, a spac circle of value $ 9 billion. While unclear what the company’s value will take on the IPO, the estimated estimates that the company will try to raise $ 750 million in a gift. According to the regulatory filing, investors with more than 5% on the company including Accel, General catalysts, Breyer, Oak capital, and Oak investment. The USDC circulation in circulation is worth $ 60 billion, according to filing. The company planned the IPO in the middle of Trump’s administrative supplies in Crypto assets.
