The IPO price is expected to be between $24 and $26 per share. Based on the higher end of the range, Circle could raise almost $250 million, while the selling stakeholders could get nearly $375 million for their stake. Cathie Wood's ARK has expressed interest in buying $150 million worth of shares from the IPO, the USDC-issuer said in a filing.

Circle has filed to go public on the New York Stock Exchange, shortly after rejecting the flood of rumors that it had been in quiet talks to sell itself to Coinbase or Ripple. The company made its intentions clear on Tuesday,

USDC stablecoin issuer Circle is pushing ahead with plans to go public on the New York Stock Exchange, per an SEC filing. Here's the latest.