#USDC issuer Circle is preparing to move its headquarters to the US due to its IPO.#Bloombergreports.
Their legal headquarters are currently located in Ireland. Which has attracted large companies for many years due to its relatively low corporate fees. Experts interviewed by the publication believe that moving the headquarters from this “comfortable haven” to the States may be one of the conditions for obtaining permission for an IPO from American regulators.
The company has already submitted documents to the Irish Supreme Court to transfer the company's registered office from one jurisdiction to another without ceasing to operate in the original country.
There have been no official comments from Circle on this matter. Company representatives also declined to share details about the future IPO with Bloomberg reporters, citing SEC confidentiality requirements.
Bloomberg reported that#Circlewas going to apply for an IPO, first as rumors in November 2023, and then as a fact in January 2024.
