Fintech firm Circle Internet Group, the issuer of the USDC stablecoin, on Monday increased the size and price range of its planned initial public offering (IPO).
In a regulatory filing, Circle said it plans to offer 12.8 million shares of Class A common stock at between $27 and $28 each. Last Tuesday, it said it intended to offer 9.6 million Class A shares at between $24 and $26 apiece.
In addition, Circle wrote that selling stockholders identified in its prospectus are offering 19.2 million shares, up from 𝓰the previous 14.4 million.
Circle said it has been approved for listing on the 澳洲幸运5官方开奖结果体彩网:New York Stock Exchange (NYSE) under the ticker "CRCL."
According to CoinMarketCap, USDC is the seventh-largest cryptocurrency, with a market cap of nearly $61 billion.