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We may soon see a different version of crypto exchanges in the US stock markets. That’s exactly where things are heading. There are already many crypto companies traded on US exchanges, and it seems like another one will be joining them. The latest company to line up is the issuer of the $25 billion USDC.
Circle Goes Public
USDC stablecoin’s issuer Circle Internet Financial has applied for an IPO. We know that Ripple and others have also taken steps in this direction. After the SEC lawsuit is over, Ripple will move closer to this goal. On the other hand, Coinbase and crypto mining companies are already trading on the exchanges. Earlier today, approval was given for spot Bitcoin ETFs.
It seems that when the day comes, the US might even consider opening a separate index for cryptocurrencies as the number is definitely increasing.
The company announced that it has submitted a confidential draft S-1 document to the US Securities and Exchange Commission. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
