According to informed sources, the stock issuance price for Circle, the stablecoin issuer, is expected to be set at $31 per share for its U.S. IPO—higher than the guidance range for the issuance price. It will raise $1.1 billion. (Bloomberg)
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The U.S. IPO stock issuance price for stablecoin issuer Circle is expected to be set at $31 per share, exceeding the guidance range, with a financing amount reaching $1.1 billion
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