Circle's $1.68B revenue drives its IPO file, as stablecoins get US government endorsement. SEC approval is presently pending.
Despite lower gross margins, Circle has strong cash flow from operations and a high marketing efficiency multiple of 13.0x.
The issuer of the USDC stablecoin is aiming again to go public after an attempted SPAC merger in 2021 never materialized.
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Stocktwits on MSNUSDC’s Circle Eyes $5B Valuation In Second Attempt At Public Listing – Retail Remains BearishCircle Internet Financial, the company behind stablecoin USD Coin (USDC), has filed for an initial public offering (IPO) with ...
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