Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO

Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO

New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.