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Be Wealthy & Smart

Circle IPO is Near

Be Wealthy & Smart

Linda P. Jones

Finance, News, Invest, Investing, Economy, Money, Financial, Business News, Business

4.8883 Ratings

🗓️ 28 May 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Discover why the Circle IPO is near.

Are you investing well for financial freedom...or not?

Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest, makes a huge difference to your financial future and lifestyle.

If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.

Your compounding rate, and how well you invest, matters! 

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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom. 

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Transcript

Click on a timestamp to play from that location

0:00.0

Be Wealthy and Smart, episode 1512.

0:03.3

I'm going to live the rich life,

0:06.9

a full than best life, just if you all know what I mean, put your hands up and declare with me, yeah, I'm full of breath,

0:17.4

I'm going to live a good life.

0:21.6

Beautiful and glorious life.

0:24.6

Step into a world of wealth and financial freedom without budgets, boredom or bosses on Be Wealthy and Smart.

0:33.6

And now, here's your host, Linda P. Jones.

0:44.1

Welcome to be wealthy and smart. I'm Linda P. Jones, America's wealth mentor, empowering women and men worldwide to financial freedom.

0:56.4

On today's show, we're going to talk about the Circle IPO is near. That's right, USD stable coin issuer Circle has kicked off its IPO targeting nearly a $6 billion valuation.

1:04.5

It's looking to raise about $624 million. The CEO, Jeremy Aller, said Thursday in a filing that it plans to sell 24 million shares of Class A common stock. In total, $ 9.6 million to be sold by the company and another

1:13.7

14.4 million by existing shareholders, at an expected price range of $24 to $26, valuing the

1:21.7

company at around $5.65 billion. When including outstanding options and other stock, it would have a valuation of about

1:29.8

$6.7 billion, according to Reuters. Kathy Wood of Arc Investment Management has indicated

1:35.5

she's interested in purchasing up to $150 million of Circle. Circle also said it will grant

1:42.5

the underwriters a 30-day option to purchase up to 3.6

1:46.0

million additional shares. The shares are going to be listed on the New York Stock Exchange

1:51.4

under the ticker CRCL. Circle's USDC coin has roughly $62 billion in circulation and makes up about

2:00.0

27% of the total market cap for stable

2:02.7

coins, which is behind tether's 67% dominance, according to cryptoquant.

2:08.7

Circle's market cap has grown 40% this year, compared with tether's 10% growth.

2:13.9

It's been a challenging time for stable coins as the industry gains confidence that the

2:18.9

crypto market will get its first piece of legislation in the U.S. passed and implemented this year.

...

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