Circle has officially filed for an initial public offering (IPO), driven by strong revenue growth of 15.9% in 2024 and plans to list on the NYSE under “CRCL.” The company’s IPO comes after achieving $1.68 billion in revenue, a significant jump from previous years. This move follows Circle’s success navigating a challenging market with stablecoin dominance, USDC holding the second-largest share of the global market. 2024 financial reports highlight continued growth while net income decreased slightly. 2024 saw Circle expand its presence in the cryptocurrency market, and this IPO reflects their commitment to transparency as they prepare for increased scrutiny from investors and regulators.