Crypto Firm Circle’s IPO Ambitions Remain Despite Delay, CEO Says
(Bloomberg) — Cryptocurrency company Circle Internet Financial Ltd.’s yearslong ambitions to go public are alive and well, and the company has no need to tap private markets for capital as it continues to pursue a stock-market listing, Chief Executive Officer Jeremy Allaire said.
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“We are very committed to the path” of going public, Allaire said in an interview with Bloomberg in Washington. “We think we can be a really interesting company in public markets.”
The second-largest stablecoin issuer’s attempts to go public have been tumultuous after an effort to combine with blank-check company Concord Acquisition Corp. failed in 2022. Circle chose a more traditional path earlier this year when it…
