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Circle Guns for $624M IPO—Crypto’s Latest Bid for Wall Street Legitimacy
Circle Guns for $624M IPO—Crypto’s Latest Bid for Wall Street Legitimacy
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After years of regulatory tango and crypto winter survival, Circle—the force behind USDC—is finally punching its ticket to Nasdaq.
Wall Street or bust: The stablecoin giant’s filing reveals a $624 million ask, betting big on institutional appetite despite crypto’s ’wild west’ reputation.
Timing is everything: Comes as SEC chair Gensler keeps labeling most tokens as securities—but hey, who needs clarity when you’ve got audited reserves?
Bonus jab: Nothing says ’mature asset class’ like needing traditional IPO validation while preaching decentralization.
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