Mars Finance reports that the USDC issuer Circle is still advancing its IPO plan, with a target valuation of at least $5 billion. Meanwhile, the company is also conducting informal negotiations with Ripple and Coinbase about potential acquisitions. Previously, Ripple had offered $4-5 billion to acquire Circle but was rejected. If the acquisition is successful, Ripple might pay with cash and XRP, while Coinbase could potentially pay with cash and stock. Circle submitted its IPO application on April 1st and later indicated it might delay due to economic uncertainty. (Cointelegraph)
Circle moves forward with IPO plans, targets $5 billion valuation, and also in acquisition talks with Ripple, Coinbase
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share



