Circle Financial, the Boston-based stablecoin market leader with USDC, has confidentially submitted a draft registration statement, Form S-1, with the Securities and Exchange Commission (SEC) for a proposed initial public offering of its equity securities. The number of shares to be offered and the price range for the proposed IPO have yet to be determined. The IPO is expected to occur after the SEC completes its review process, subject to market and other conditions.
Circle Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering