Opinion: The likelihood of stablecoin company Circle being acquired before its IPO is very low
The IPO of stablecoin company Circle is highly anticipated, with Jay Woods, Chief Global Strategist at Freedom Capital Markets, stating that due to the smooth progress of the IPO, such as the price being set and the timeline given, the initial acquisition plan may be canceled. Jay Woods added, "Unless someone makes an absurd offer to prevent the IPO from happening, the acquisition deal will only be completed before they go public." (Blockworks)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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