Crypto Firm Circle’s IPO Ambitions Remain Despite Delay, CEO Says
- Company is in ‘strong position,’ not planning to fundraise
- Stablecoin legislation possible this year, CEO Allaire says
Jeremy Allaire
Photographer: Lionel Ng/BloombergThis article is for subscribers only.
Cryptocurrency company Circle Internet Financial Ltd.’s yearslong ambitions to go public are alive and well, and the company has no need to tap private markets for capital as it continues to pursue a stock-market listing, Chief Executive Officer Jeremy Allaire said.
“We are very committed to the path” of going public, Allaire said in an interview with Bloomberg in Washington. “We think we can be a really interesting company in public markets.”