The IPO of the stablecoin company Circle is highly anticipated. Jay Woods, Chief Global Strategist at Freedom Capital Markets, stated that since the progress of the IPO is smooth—such as the price being set and a timeline provided—the initial acquisition plan may be canceled. Jay Woods added, "Unless someone makes an absurd offer to try to prevent the IPO from happening, the acquisition deal will be completed before they go public."
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The IPO of the stablecoin company Circle is highly anticipated. Jay Woods, Chief Global Strategist at Freedom Capital Markets, stated that since the progress of the IPO is smooth—such as the price being set and a timeline provided—the initial acquisition plan may be canceled. Jay Woods added, "Unless someone makes an absurd offer to try to prevent the IPO from happening, the acquisition deal will be completed before they go public."