00:00 Speaker a
We have received news here. Circles apply for its initial public offering. The company plans to list stock exchange CRCL on the New York Stock Exchange. The circle does not disclose the number of stocks or the expected price range. Founder and CEO Jeremy Allaire said in the document that public is our desire to operate with maximum transparency and responsibility. Circle is the latest IPO in a range of companies, including, of course, Klarna, Discord and StubHub, a move that follows Coreweave’s highly anticipated products last week. Circle is valued at more than $5 billion, according to private company data from Yahoo Finance. You can go to Yahoo Finance to track more private company data, including tracking valuations and funds by scanning the QR code below.
