Stablecoin giant Circle targets $6.7 billion valuation in US IPO
U.S. President Donald Trump's administration has embraced cryptocurrencies and pledged a more "rational" approach to digital asset regulations, encouraging companies from the industry to go public. New York-based Circle and some existing investors are looking to raise up to $624 million by offering 24 million shares priced between $24 and $26 apiece. Cathie Wood's ARK Investment Management has indicated its intention to buy up to $150 million shares of Circle in the IPO.
•
22 minutes ago
Metals billionaire Potanin acquires minority stake in 'Russia's Google'
