Circle Taps JP Morgan, Citi for IPO Plans in Late April

April 6, 2025

Catenaa, Sunday, April 06, 2025-Stablecoin issuer Circle has enlisted JP Morgan Chase and Citi ahead of a planned initial public offering, expected to be filed in late April, Fortune reported.  Circle, which issues the USDC stablecoin, has previously attempted to go public. It first pursued a SPAC merger in 2021, then confidentially filed with the […]

Circle, BitGo Pursue US Bank Charters for Stablecoin

April 22, 2025

Catenaa, Tuesday, April 22, 2025-Crypto firms Circle and BitGo are preparing to apply for US bank charters or licenses as stablecoin regulation looms, according to a Wall Street Journal report published Monday. Coinbase and Paxos are also weighing similar steps, sources told the newspaper. The move comes as Congress considers legislation that would require stablecoin […]

FTX Begins $5 Billion Second Payout Round to Former Users

June 2, 2025

Catenaa, Monday, June 02, 2025-Bankrupt crypto exchange FTX has started distributing a second round of payouts on Friday (30) totaling approximately $5 billion to its former customers, marking a major step in its ongoing Chapter 11 bankruptcy proceedings. The announcement was made Friday, with funds expected to arrive in users’ accounts within one to three […]