Trump’s tariffs stall crypto IPOs as Circle rethinks listing strategy – DL News
- Trump’s tariffs have had knock-on effects around the economy, especially private equity.
- Crypto firms like Circle and eToro have shelved plans to go public until there’s more market certainty.
A slate of fintech firms looking to go public in 2025, including stablecoin stalwarts Circle, are shelving those plans as the world economy spirals into a trade war.
Just days after the issuer behind the $60 billion stablecoin USDC filed its registration to hit the New York Stock Exchange, the Wall Street Journal reported that it was mulling delaying the share sale.
Circle did not immediately respond to a request for comment.
CEOs on edge
Uncertainties around President Donald Trump’s aggressive tariff regime are spooking other CEOs.
Stock and…
