Circle Delays IPO Process Amid Market Developments

According to Odaily, market reports indicate that Circle has decided to postpone its initial public offering (IPO). Previously, the stablecoin issuer had filed an S-1 document with the U.S. Securities and Exchange Commission (SEC), signaling its intention to go public. The company planned to list its shares under the ticker symbol 'CRCL' on the New York Stock Exchange. However, the pricing range for the IPO has not yet been disclosed.