{"id":24123,"date":"2025-05-20T13:54:29","date_gmt":"2025-05-20T10:54:29","guid":{"rendered":"https:\/\/forklog.com\/en\/circles-potential-withdrawal-from-ipo-and-5-billion-sale-rumored\/"},"modified":"2025-05-20T13:54:29","modified_gmt":"2025-05-20T10:54:29","slug":"circles-potential-withdrawal-from-ipo-and-5-billion-sale-rumored","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/circles-potential-withdrawal-from-ipo-and-5-billion-sale-rumored\/","title":{"rendered":"Circle’s Potential Withdrawal from IPO and $5 Billion Sale Rumored"},"content":{"rendered":"

Circle’s IPO<\/span> may not proceed as the USDC issuer is reportedly in talks with Coinbase and Ripple to sell its business for at least $5 billion, according to sources cited by Fortune<\/a>.<\/p>\n

The discussions are taking place as the company prepares to enter the stock market.<\/p>\n

Earlier in May, media outlets reported Ripple’s attempt to acquire Circle for $4\u20135 billion<\/a>. Circle rejected the offer, citing an “insufficient amount.” At that time, USDC issuer representatives declined to “comment on market rumors.” <\/p>\n

Reports indicated that the firm would continue working towards the planned IPO<\/a>. This move was part of previously announced plans<\/a> to achieve public company status. Back in April, the procedure was postponed<\/a> indefinitely due to market uncertainties.<\/p>\n

Coinbase was a partner with Circle in the Center consortium, responsible for issuing USDC. In August 2023, the consortium was dissolved after the platform acquired a minority stake in its partner, taking on the role of sole issuer of the “stablecoin.”<\/p>\n

Earlier, Borderless CEO Kevin Lehtiniitty warned<\/a> Circle about the risks of weakening its position due to going public.<\/p>\n","protected":false},"excerpt":{"rendered":"

Circle’s IPO may not proceed as the USDC issuer is reportedly in talks with Coinbase and Ripple to sell its business for at least $5 billion, according to sources cited by Fortune. The discussions are taking place as the company prepares to enter the stock market. Earlier in May, media outlets reported Ripple’s attempt to […]<\/p>\n","protected":false},"author":1,"featured_media":24122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[83,1220,138,112,807,1211],"class_list":["post-24123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-business","tag-circle","tag-coinbase","tag-ripple","tag-stablecoins","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24123"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24122"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}