TechFlow news, April 2 — According to documents filed on the U.S. SEC website, Circle has submitted an S-1 form to the U.S. Securities and Exchange Commission for an initial public offering under the ticker symbol "CRCL," with plans to list on the New York Stock Exchange. The IPO price range has not yet been determined.
Additionally, according to The Block, in 2023 Circle acquired the remaining 50% stake in the Centre Consortium for $210 million worth of stock, which was previously held by Coinbase. The Centre Consortium is a joint venture responsible for issuing the USDC stablecoin, and both Coinbase and Circle were partners in this venture.
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