Stablecoin giant Circle targets $6.7B valuation in IPO
1. Circle targets a $6.71 billion valuation in IPO. 2. Plans to raise $624 million by offering 24 million shares. 3. ARK Investment plans to buy $150 million in Circle shares. 4. Circle's USDC stablecoin has a market cap over $60 billion. 5. The IPO follows a previous unsuccessful SPAC attempt.