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Circle Targets Whopping $7.2B Valuation in Beefed-Up U.S. IPO—Investors Are Biting
Circle Targets Whopping $7.2B Valuation in Beefed-Up U.S. IPO—Investors Are Biting
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Wall Street’s latest crypto-infused spectacle just got a turbocharge. Circle—the stablecoin giant lurking in the regulatory gray zone—is now eyeing a $7.2 billion valuation after cranking up its IPO plans. Demand? Apparently hotter than a memecoin pump in a bull market.
Behind the scenes: Bankers are whispering about oversubscribed books (shocking, right?). Meanwhile, retail traders are left wondering if they’ll get crumbs after the institutional whales take their cut—classic finance theater.
The closer: Whether this ends in champagne showers or SEC subpoenas, one thing’s certain: the circus is back in town.
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