Circle Preparing for IPO in the US
Date: 2025-04-01 Author: Henry Casey Categories: BUSINESS
The exact timing of the IPO has not yet been determined, but according to insiders, Circle intends to file documents at the end of April. At the same time, the company cooperates with investment banks such as JPMorgan Chase and Citi.
Usually, about a month passes between the filing of the IPO application and the start of trading.
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Earlier, in July 2021, Circle announced its intention to become a public company through a reverse merger with Concord Acquisition. However, on December 5, 2022, this plan was cancelled.
In November 2023, Bloomberg reported that Circle was planning to go public. In January 2024, the company confidentially filed for an IPO in the US, confirming that it was serious about pursuing the move.
