Blackrock would have planned to take an important participation in the next initial public offer of Circle (IPO).
According to a Bloomberg report on May 28 citing anonymous sources, BlackRock seeks to buy around 10% of the offer. Circle, the USDC transmitter Stablecoin, aims to raise $ 624 million in its first public public call
Cathe Wood’s Ark Investment Management is also interested in buying shares of $ 150 million in the offer.
Circle launched its offer of 24 million ordinary class A shares on May 27. The offer consists of actions of the company as well as the actions of the existing stakeholders, including the co-founder and CEO Jeremy Allaire.
This is a history in development, and additional information will be added as it will be available.
