5 days ago
Asset managers BlackRock and ARK Invest person indicated involvement successful acquiring implicit $150 cardinal successful Circle’s shares
BlackRock is reportedly readying to instrumentality a important involvement successful Circle’s upcoming archetypal nationalist offering (IPO).
According to a May 28 Bloomberg study citing anonymous sources, BlackRock is looking to acquisition astir 10% of the offering. Circle, the issuer of the USDC stablecoin, is aiming to rise $624 cardinal successful its archetypal nationalist offering
Cathie Wood’s Ark Investment Management is besides funny successful buying $150 cardinal worthy of shares successful the offering.
Circle launched its offering of 24 cardinal shares of Class A communal banal connected May 27. The offering consists of shares from the institution arsenic good arsenic shares of existing stakeholders, including co-founder and CEO Jeremy Allaire.
This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.
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