Circle已正式提交了首次公开发行（IPO）应用程序

在彭博社最近确认向美国提交的S-1申请已完成了向美国证券交易委员会（SEC）提交的文件。

Circle has formally submitted an initial public offering (IPO) application, its first for the second-largest crypto industry stablecoin issuer. Following recent confirmation by Bloomberg, the S-1 filing with the U.S. Securities and Exchange Commission (SEC) has been completed by the company and it now awaits regulatory approval to go public on the New York Stock Exchange under the ticker “CRCL.”

Circle已正式提交了首次公开发行（IPO）应用程序，这是第二大加密货币发行人的第一个。在彭博社（Bloomberg）最近确认之后，该公司已完成向美国证券交易委员会（SEC）提交的S-1申请，现在正在等待监管部门的批准，以根据股票“ CRCL”在纽约证券交易所上市。

This filing has been highly anticipated in the crypto space. The company had previously tried to go public in 2021 but faced several setbacks. However, with better financial performance and a favorable regulatory climate, the stablecoin behemoth is making another attempt.

该文件在加密货币领域备受期待。该公司此前曾在2021年试图公开，但面临几次挫折。但是，凭借更好的财务绩效和有利的监管气氛，Stablecoin庞然大物正在另一次尝试。

The company’s IPO prospectus filing follows a record-high financial year during which the firm reported $1.68 billion in revenue at the close of 2024. The year also saw the company report net income of $156 million, a huge reversal of its situation in 2023 where it reported $1.45 billion in revenue and $268 million in net income.

该公司的IPO招股说明书申请纪录是创纪录的财政年度，在此期间，该公司在2024年结束时报告了16.8亿美元的收入。该公司还报告了该公司的净收入为1.56亿美元，这在2023年的情况巨大逆转，其收入为14.5亿美元，净收入为2.68亿美元。

The revenue surge is evidence of the increasing demand for stablecoins, especially Circle’s USDC, as institutional investors continue to invest in cryptocurrency. The influx of capital could have given Circle the boost it needs to drive its IPO plans, signaling to investors that it believes in its long-term stability.

收入增长是对机构投资者继续投资加密货币的对Stablecoins的需求不断增长的证据，尤其是Circle的USDC。资本的涌入可能会给圈子推动其IPO计划所需的提升，并向投资者发出信仰，表明其长期稳定。

This is not the first time Circle has tried to list on the public markets. Circle had also earlier tried, in 2021, to combine with Concord Acquisition Corp, a special purpose acquisition vehicle (SPAC), to list on the public markets. The agreement went sour as Circle did not qualify with SEc within the given time limit.

这不是Circle首次尝试在公共市场上列出的。 Circle还早些时候在2021年尝试与特殊目的采购工具（SPAC）Concord Accuisition Corp结合使用，以在公共市场上列出。该协议变得很酸，因为Circle在给定时间限制内没有SEC的资格。

Once more, in December 2022, Circle postponed its IPO plans, together with Concord, to drop their business combination because of regulatory challenges. Again, with a more solid financial situation and increasing industry backing, Circle is again pursuing to go public.

再次，在2022年12月，Circle推迟了其IPO计划，以及Concord，由于监管挑战而放弃了业务组合。同样，随着财务状况的更稳定，行业支持的增加，Circle再次追求公开。

One of the most important factors behind Circle’s revived IPO aspirations is the shifting regulatory landscape. Stablecoins have been picking up steam as the U.S. government, under President Donald Trump, recognizes their potential.

Circle复兴的IPO愿望背后的最重要因素之一是调节景观的变化。在唐纳德·特朗普（Donald Trump）的领导下，美国政府一直在认识到他们的潜力。

Lawmakers proposed the STABLE Act bill last week to oversee stablecoins, bringing much-needed transparency to issuers such as Circle. President Trump has also reaffirmed the need for stablecoin regulation on numerous occasions, indicating a better environment for crypto companies to operate in the U.S.

议员们上周提出了《稳定法案》，以监督稳定的法案，将急需的透明度带给了诸如Circle之类的发行人。特朗普总统还重申了对稳定法规的需求，这表明加密公司在美国开展业务的环境更好

CoreWeave, an AI company with a connection to Bitcoin mining firm Core Scientific, was already listed on the public market, going on trade March 28. The new regulatory backing and investment interest in crypto firms indicate that 2024 may be a turning point for the sector’s involvement in the public market.

CoreWeave是一家与比特币采矿公司Core Scientific联系的AI公司，已经在3月28日进行贸易上市。新的监管支持和加密公司的投资兴趣表明，2024年可能是该行业参与公共市场的转折点。

Stablecoins are of extreme value in the crypto space because they introduce stability that isn’t present with traditional cryptocurrencies. With regulators’ support and the rise in adoption, their role in the digital asset market is expanding.

在加密货币空间中，稳定币具有极高的价值，因为它们引入了传统加密货币不存在的稳定性。随着监管机构的支持和采用的增加，它们在数字资产市场中的作用正在扩大。

Coinbase CEO Brian Armstrong has urged the government to legalize earning interest on stablecoin holdings, further highlighting the sector’s potential. As market conditions improve and the macroeconomic climate stabilizes, Circle’s IPO represents a pivotal moment, not just for the company but for the broader stablecoin industry.

Coinbase首席执行官布莱恩·阿姆斯特朗（Brian Armstrong）敦促政府合法化股票股东的利益，进一步强调了该部门的潜力。随着市场状况的改善和宏观经济气候的稳定，Circle的IPO不仅代表着一个关键时刻，不仅对于公司而言，而且对于更广泛的Stablecoin行业而言。

The nation now awaits with bated breath for the SEC’s ruling, which will decide if Circle can ever realize its long-sought ambition of getting listed. If it gets the approval, it may pave the way for an army of crypto firms listing on the public market in the next several months.

现在，该国正等待着SEC的裁决，这将决定Circle是否可以意识到其长期以来被上市的野心。如果获得批准，它可能会为未来几个月在公共市场上列出的加密货币公司大军铺平道路。