# Circle Hires IPO Bankers, Could File Next Month: Fortune

*Author: Bankless*
*Published: Mar 31, 2025*
*Source: https://www.bankless.com/fr/read/circle-hires-ipo-bankers-could-file-next-month-fortune*

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Circle, the USDC issuer, is gearing up for a public debut by hiring JPMorgan and Citi to lead its IPO, [Fortune](https://fortune.com/2025/03/31/circle-jpmorgan-chase-crypto-usdc-citi-ipos-spac-sec/) reports.

## **What’s the Scoop?**
- **Leading Underwriters**: Circle has reportedly enlisted JPMorgan Chase and Citi as underwriters for its anticipated IPO.
- **Target Valuation**: The USDC issuer is aiming for a valuation between $4 billion and $5 billion.
- **Renewed Push**: This marks Circle's second attempt to go public after a failed SPAC merger attempt in 2021.
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