In the starting blocks. The Giants of Finance Blackrock and Fidelity are preparing to invest massively in The IPO of Circlethe creator of the Stablecoin USDC. According to Bloomberg, these two titans plan to buy for several billion dollars in shares at the long -awaited IPO, from Circle, scheduled for May 30. This could enhance the company at more than $ 15 billion, marking a major step in the institutional adoption of cryptocurrencies.
- Blackrock and Fidelity planned to invest massively in the IPO of Circle, scheduled for May 30.
- This IPO could enhance Circle at more than $ 15 billion, reflecting the growing importance of stablecoins in the crypto ecosystem.
Blackrock and Fidelity put big on Circle
Blackrock And Fidelitytwo of the largest asset managers in the world, would be in advanced discussions to participate in the IPO of Circle. The company, which recently announced its Ipo for May 30, could raise between 3 and 5 billion dollarsaccording to sources often well informed Bloomberg.
This massive fundraising would allow Circle to strengthen its position on the Stablecoins market, dominated by its competitor Tether (USDT). L’USDCthe stablecoin of Circleis currently the second most used in the world, with a capitalization of more than $ 60 billion.
An IPO that could enhance the company at $ 15 billion
This IPO could enhance the company more than 15 billion dollarsaccording to estimates and this would reflect the growing importance of stablecoins in the crypto ecosystem, especially for transactions and trading.
Blackrock And Fidelitywhich manage more than $ 15,000 billion in assets, have already shown a marked interest in cryptocurrencies. Blackrock launched an ETF Bitcoin Spot in 2024, while Fidelity has been offering for several years childcare and trading services cryptocurrencies For its institutional customers.
For Circlethis massive investment on the part of these Two giants of traditional finance represents a validation important of its economic model and its growth strategy.
The IPO of Circle, supported by heavy goods vehicles like Blackrock and Fidelity, marks a new stage in the institutional adoption of cryptocurrencies. While the USDC continues to gain popularity, this IPO may well redefine the landscape of Stablecoins and strengthen Circle’s position as a leader in the sector. With Strategy, Coinbase and the big bitcoin minors, the company could well become Wall Street’s new crypto star.