by: xpoolPosted on:

BlackRock to Invest Heavily in Circle’s IPO, Signaling Confidence in Stablecoin Market

BlackRock is poised for a major investment in Circle Internet Financial Ltd.’s upcoming Initial Public Offering (IPO). Sources indicate that the financial giant plans to acquire a substantial 10% stake in the company. This move reflects BlackRock’s existing relationship with Circle, stemming from their collaboration on the Circle Reserve Fund, which manages USDC stablecoin backing.

Related posts:

  1. BlackRock to Invest in Circle’s IPO: $10% Stake Targeted
  2. BlackRock Set To Invest Heavily in Circle’s IPO
  3. BlackRock Acquires 10% of Circle’s IPO Shares, Signaling Strong Market Confidence
  4. BlackRock Invests in Circle’s IPO: Potential $624M Raise