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Davis Polk-Led Stablecoin Giant Circle Eyes $600M IPO

By Tom Zanki ( May 27, 2025, 7:24 PM EDT) -- Venture-backed stablecoin issuer Circle Internet Group Inc. on Tuesday launched plans for an estimated $600 million initial public offering, represented by Davis Polk & Wardwell LLP and underwriters' counsel Skadden Arps Slate Meagher & Flom LLP, rekindling its IPO after a tariff-related pause. . . .

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