Circle Internet Financial, the issuer of the crypto stablecoin USDC, is moving forward with longtime plans to publicly list its shares. The fintech is working with investment banks JPMorgan Chase and Citi on its long-expected IPO, two sources familiar with the situation said.
The precise timing for the listing is unclear, but the sources said Circle aims to publicly file paperwork for the offering in late April. When a company files these documents, its shares typically begin trading roughly four weeks later, although some businesses can sit in registration for months.
