{"id":20820,"date":"2025-05-19T21:31:52","date_gmt":"2025-05-19T21:31:52","guid":{"rendered":"https:\/\/gold.creditcard\/circle-plans-ipo-but-talks-with-ripple-coinbase-could-lead-to-sale-report\/"},"modified":"2025-05-19T21:31:52","modified_gmt":"2025-05-19T21:31:52","slug":"circle-plans-ipo-but-talks-with-ripple-coinbase-could-lead-to-sale-report","status":"publish","type":"post","link":"https:\/\/gold.creditcard\/es\/circle-plans-ipo-but-talks-with-ripple-coinbase-could-lead-to-sale-report\/","title":{"rendered":"Circle plans IPO but talks with Ripple, Coinbase could lead to sale: Report"},"content":{"rendered":"

Circle, the issuer of stablecoin USDC (USDC<\/a>), is still planning an initial public offering (IPO), but the company is also in informal talks with Ripple and Coinbase about a sale, according<\/a> to a report from Fortune.<\/p>\n

Circle is seeking at least $5 billion, which is its target for the IPO, according to the four banking and private equity sources Fortune cited. Ripple tried to purchase Circle on April 30, but the $4 billion to $5 billion bid was rejected as being too low<\/a>.<\/p>\n

If Ripple or Coinbase were to buy Circle, the details of a purchase would differ. Ripple would pay using cash and XRP (XRP<\/a>), a cryptocurrency that Ripple created. Coinbase, on the other hand, would use cash and stock.<\/p>\n

Coinbase and Circle have a relationship dating to 2018, when they launched the Centre Consortium. That venture was meant to establish standards for fiat-backed stablecoins, including USDC. Coinbase also has an agreement with Circle to put USDC onto its exchange.<\/p>\n

Circle filed for an IPO on April 1<\/a> with a goal to complete the process by the end of that month. The company backpedaled slightly<\/a> on April 4, indicating it might delay its IPO due to economic uncertainty.<\/p>\n

Related: <\/strong><\/em>New bull cycle? Bitcoin’s return to $100K hints at \u2018significant price move\u2019<\/strong><\/em><\/a><\/p>\n

Market conditions for IPOs improve as tariffs wane<\/h2>\n

In December 2024, Bitwise predicted that 2025 would be the year of the crypto IPO, and that prediction is starting to bear fruit. Aside from Circle, crypto exchanges Gemini<\/a> and Kraken<\/a> are mulling IPOs in 2025 or early 2026 as US President Donald Trump has pushed for a more favorable regulatory environment for crypto in the United States.<\/p>\n

Those plans were put on hold after the Trump administration enacted wide-ranging tariffs that caused market turmoil. With the tariffs now suspended or reduced, markets have rebounded.<\/p>\n

On May 12, Cointelegraph reported that Bitcoin (BTC<\/a>) was 4.8% away from reaching its all-time high<\/a> of $109,800. Ether (ETH<\/a>), XRP, and Solana (SOL<\/a>) have also seen big gains in the past month. The stock market has rebounded as well, with the S&P 500 jumping 15.6% in the past month according<\/a> to Google Finance.<\/p>\n

At least one company has benefited from completing its IPO during this period of renewed enthusiasm: eToro, an Israel-based trading company. After an IPO on May 14, its stock price jumped 29%<\/a>.<\/p>\n

Magazine: .<\/strong><\/em>X Hall of Flame: Bitcoin will \u2018start ripping\u2019 as Trump\u2019s polls improve \u2014 Felix Hartmann<\/strong><\/em><\/a>\u00a0<\/strong><\/em><\/p>","protected":false},"excerpt":{"rendered":"

Circle, the issuer of stablecoin USDC (USDC), is still planning an initial public offering (IPO), but the company is also in informal talks with Ripple and Coinbase about a sale, according to a report from Fortune. Circle is seeking at least $5 billion, which is its target for the IPO, according to the four banking […]<\/p>","protected":false},"author":0,"featured_media":20821,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[9],"tags":[],"class_list":["post-20820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-finance"],"_links":{"self":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/posts\/20820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/comments?post=20820"}],"version-history":[{"count":0,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/posts\/20820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/media\/20821"}],"wp:attachment":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/media?parent=20820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/categories?post=20820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/tags?post=20820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}