Crypto ipo

The total market cap of USD Coin (USDC) currently stands at $24.43 billion, making the stablecoin the sixth ranked among top cryptocurrencies based on valuation. Its rival stablecoin, Tether USDt (USDT), in comparison, has a market value of $86 billion. While USDT’s market cap rose by over 21% compared to an year ago, the USDC total market size reduced by a staggering 68% during the same period. Ipo crypto “We would still love to take the company public. There are a couple of factors we are evaluating in order to pursue our listing plan, but we do need market conditions to improve,” Cary told Financial News.

.chakra .wef-1ppuv6fLicense and Republishing UBS Gives Clients Access to Crypto ETFs in Hong Kong: Report Initial Public Offering (IPO) is the process of allowing institutional and retail investors to purchase shares of a company. An IPO is usually used by growing companies to raise capital while more well-established organizations may use an IPO to authorize owners to exit some or all their ownership by selling shares.

Rumors suggesting that Ripple may be considering an initial public offering (IPO) have recently caught the interest of the crypto community. However, it appears that another crypto giant may have set its sights on a public debut in 2024. 2023 Upcoming IPOs Coinbase’s debut “will mark the first official juncture between the traditional financial avenue and the alternative crypto path,” Ipek Ozkardeskaya, a senior analyst at Swissquote, wrote in a note. “As such, a successful addition to Nasdaq should act as endorsement of cryptocurrencies by traditional investors.”

Circle is backed by the world’s leading financial giants, including Goldman Sachs, BlackRock, General Catalyst, and others. It currently has a market cap of nearly $25 billion, which peaked at $55 billion in June 2022.  How To Get a Cryptocurrency License In Lithuania ? Circle, the firm behind the USDC stablecoin, potentially has plans to become a publicly listed company early next year.