Circle Goes Public: Crypto Giant Sets Sights on Wall Street

After years of anticipation, crypto company Circle has filed an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The company plans to list its stock on the New York Stock Exchange under the symbol CRCL. This move comes after Circle posted impressive financial results, reporting a net income of $156 million on revenue of $1.68 billion in 2024, reflecting a significant rise compared to the previous year.