Circle Eyes $5B Exit—Coinbase or Ripple May Buy as IPO Dreams Fizzle

Stablecoin giant Circle explores a fire sale after IPO plans hit regulatory quicksand. Potential suitors? Crypto heavyweights Coinbase and Ripple—because nothing says ’trust the system’ like dumping equity for a backroom deal.

Why sell now? The company’s playing hot potato with its own future as SEC scrutiny turns Circle’s public debut into a pipe dream. Meanwhile, rivals are circling (pun intended) for a cut-price acquisition.

Finance jab: Nothing unites crypto bros faster than the smell of desperation and discounted valuations. Who needs an IPO when you can just fail upward into a competitor’s balance sheet?

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.