Stablecoin giant Circle applies for listing on the New York Stock Exchange

ChainCatcher news, according to CoinDesk, stablecoin giant Circle has submitted an IPO application to the New York Stock Exchange, with the ticker symbol "CRCL".

The company will issue 24 million Class A shares, of which 9.6 million shares will be issued by the company and 14.4 million shares will come from existing shareholders. The expected pricing range is $24 to $26 per share. Circle is the issuer of USDC, and this listing marks its further alignment with traditional financial markets.