Arca Slams Circle For “Measly” IPO Allocation, Vows To Reduce Ties
Be part of Our Telegram channel to remain updated on breaking information protection Arca CIO Jeff Dorman has slammed USD Coin (USDC) issuer Circle for giving the corporate a “measly” allocation throughout its preliminary public providing (IPO) yesterday, and vowed…
Ripple’s $4B–$5B Bid for Stablecoin Issuer Circle Rejected amid IPO Plans: Report
Ripple proposed a takeover of rival stablecoin supplier Circle Web Group Inc. for $4 billion to $5 billion, a bid that was rejected as too low, in line with sources cited by Bloomberg. Whereas Ripple reportedly stays enthusiastic about Circle,…
Stablecoin Issuer Circle Recordsdata for US IPO Regardless of 42% Revenue Decline
Stablecoin issuer Circle filed its Kind S-1 registration with the Securities and Change Fee (SEC) yesterday (Tuesday), formally confirming its intention to record its shares publicly on the New York Inventory Change. If listed, Circle shares will commerce beneath the…