Circle Denies Acquisition Rumors, Focuses on IPO

Despite recent media speculation regarding potential acquisition talks with Ripple and Coinbase, Circle has issued a firm denial. The company clarified that it is not for sale and remains committed to its planned initial public offering (IPO). Earlier reports suggested Circle rejected Ripple’s $4-5 billion offer due to valuation concerns, though no other formal bids have been confirmed. While Ripple continues to express interest in acquiring the stablecoin issuer, Circle has stated that it has secured a minimum $5 billion valuation for its IPO and is actively seeking potential buyers from the likes of Coinbase or Ripple.