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Opinion: Stablecoin company Circle’s acquisition plan may be canceled

2025-05-29 13:43

Odaily News Jay Woods, chief global strategist at Freedom Capital Markets, said that the IPO of stablecoin company Circle is going well, for example, the price has been determined and the timetable has been given, so its original acquisition plan may be cancelled. Jay Woods added: "Unless someone makes a ridiculous offer to prevent the IPO from happening, the acquisition transaction will be completed before they go public." (Blockworks)