Circle is considering an initial public offering (IPO) in early 2024, as per a report by Bloomberg on Nov. 7. While Circle had previously planned to go public through a $4.5 billion merger in July 2021, this arrangement fell apart. Circle representatives confirmed their long-standing desire to become a U.S.-listed public company but remained tight-lipped about the situation. This potential IPO would be the first time that the privately owned Circle offers shares publicly, with a market cap currently at $24.6 billion.
Stablecoin issuer Circle weighing up 2024 public launch
