Summary
- Circle announced it is delaying the IPO process.
- It was revealed that JP Morgan and Citibank are Circle's IPO partners.
- It was reported that an IPO filing was recently submitted to the SEC.
According to the cryptocurrency analysis platform Unfolded on the 3rd (local time), Circle, the issuer of the dollar-pegged stablecoin USDC, is delaying its initial public offering (IPO) process.
Circle had planned to pursue an IPO with JP Morgan and Citibank and had recently submitted an S-1 filing for the IPO to the U.S. Securities and Exchange Commission (SEC).
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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