Circle, USDC source, which is Stablecoin linked to the US dollar, It was presented to the public on Tuesday.
The company, which earns funds from the benefits gained on its reserve assets, stated that its revenues and reserve income 2024 were $ 1.68 billion, an increase of $ 1.45 billion in the previous year. The net Serkel 2024 income was 156 million dollars, a decrease of $ 268 million in 2023.
This is the second attempt of the circle to include the stock exchange. The company previously I tried to get publicly By integrating with Spac in 2022, it canceled its plans when SEC did not agree to integrate into the expected time frame. Before failure, the SPAC deal is estimated A circle of 9 billion dollars.
Although it is not clear that the company will bring in the public subscription, Renaissance Capital is estimated that the company will try to raise 750 million dollars In its offers.
According to organizational deposit, investors who have more than 5 % in the company include Access, General Catalyst, Breyer, IDG Capital, and Oak Investment Partners.
The value of Circle USDC in trading is $ 60 billion, according to the deposit.
The company plans to the public subscription amid the Trump administration Supporting position on the assets of encryption.
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