{"id":52722,"date":"2025-05-19T21:16:54","date_gmt":"2025-05-19T21:16:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/circle-reportedly-weighing-sale-to-coinbase-or-ripple-despite-ipo-plans\/"},"modified":"2025-05-19T21:16:54","modified_gmt":"2025-05-19T21:16:54","slug":"circle-reportedly-weighing-sale-to-coinbase-or-ripple-despite-ipo-plans","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/circle-reportedly-weighing-sale-to-coinbase-or-ripple-despite-ipo-plans\/","title":{"rendered":"Circle reportedly weighing sale to Coinbase or Ripple despite IPO plans"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Circle-reportedly-weighing-sale-to-Coinbase-or-Ripple-despite-IPO-plans-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Circle-reportedly-weighing-sale-to-Coinbase-or-Ripple-despite-IPO-plans-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Circle-reportedly-weighing-sale-to-Coinbase-or-Ripple-despite-IPO-plans-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Circle-reportedly-weighing-sale-to-Coinbase-or-Ripple-despite-IPO-plans-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Circle is reportedly in talks to sell to Coinbase or Ripple despite IPO plans.<\/li>\n<li>Coinbase holds strong control and financial leverage over Circle.<\/li>\n<li>Ripple\u2019s $5B bid was rejected amid higher IPO valuation targets.<\/li>\n<\/ul>\n<p>Despite having filed for an initial public offering (IPO) last month, Circle Internet Financial, the company behind the USDC stablecoin, is reportedly engaged in discussions of a possible sale to either Coinbase Global or Ripple, as per a Fortune report, citing <a href=\"https:\/\/fortune.com\/2025\/05\/19\/circle-internet-coinbase-ripple-goldman-sachs-ipos-cryptocurrency-mergers-sp-500\/\">sources<\/a> familiar with the matter.<\/p>\n<h2>The future of Circle\u2019s IPO<\/h2>\n<p>While Circle remains committed to its IPO, it has not yet scheduled a roadshow or disclosed specific terms.<\/p>\n<p>The company is believed to be targeting a valuation of at least $5 billion, whether through public markets or via a strategic buyout.<\/p>\n<p>Behind the scenes, conversations with both <a href=\"https:\/\/coinjournal.net\/exchanges\/coinbase\/\">Coinbase<\/a> and Ripple about potential sales have reportedly gained momentum, pointing to the dual-track approach Circle appears to be pursuing.<\/p>\n<h2>Coinbase emerges as the most likely Circle buyer<\/h2>\n<p>Coinbase has emerged as the more likely acquirer, largely due to its close commercial ties with Circle and its influence over the governance of USDC.<\/p>\n<p>The two companies co-founded the Centre Consortium in 2018 to launch the dollar-backed stablecoin, and although Centre was dissolved in 2023, the partnership\u2019s legacy endures.<\/p>\n<p>Following the consortium\u2019s conclusion, Coinbase acquired an equity stake in Circle and retained significant operational leverage over the stablecoin issuer.<\/p>\n<p>According to insiders, Coinbase\u2019s influence over Circle includes rights related to insolvency scenarios and approval authority over any major distribution or partnership deals involving USDC revenue.<\/p>\n<p>These terms, embedded in the existing agreement, suggest that Coinbase holds considerable sway over Circle\u2019s strategic direction.<\/p>\n<p>As a result, many in the industry believe Coinbase is the most logical buyer, especially considering its strong balance sheet and deep integration with Circle\u2019s operations.<\/p>\n<p>Financially, Coinbase is well-positioned to pursue such an acquisition.<\/p>\n<p>With approximately $8 billion in cash reserves and the capacity to raise additional capital through public markets, the exchange has the firepower to make a competitive offer.<\/p>\n<p>Additionally, Coinbase currently benefits from receiving 100% of the revenue generated by USDC held on its platform, making a full acquisition a potentially lucrative long-term move.<\/p>\n<h2>Ripple made a $4-5 billion offer<\/h2>\n<p><a href=\"https:\/\/coinjournal.net\/ripple\/what-is-ripple\/\">Ripple<\/a>, on the other hand, is not out of the picture. Backed by a vast reserve of XRP tokens, valued at over $100 billion when including assets held in escrow, Ripple reportedly made an acquisition offer in the range of $4 billion to $5 billion.<\/p>\n<p>However, that bid was ultimately turned down by Circle, which is aiming for a higher valuation.<\/p>\n<p>Despite the rejection, Ripple\u2019s strong capital reserves mean it could remain a contender should the terms become more favourable.<\/p>\n<p>As Circle weighs its options, the decision will likely hinge on market conditions, investor appetite, and the comparative benefits of a public offering versus a private sale.<\/p>\n<p>While the recent success of <a href=\"https:\/\/coinjournal.net\/news\/etoro-locks-in-4-2b-valuation-tests-ipo-waters-with-nasdaq-listing\/\">eToro\u2019s public debut<\/a> may offer encouragement for a Circle IPO, the strategic synergies of a sale, particularly to Coinbase, could prove too compelling to ignore.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/circle-reportedly-weighing-sale-to-coinbase-or-ripple-despite-ipo-plans\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Circle is reportedly in talks to sell to Coinbase or Ripple despite IPO plans. Coinbase holds strong control and financial leverage over Circle. Ripple\u2019s $5B bid was rejected amid higher IPO valuation targets. Despite having filed for an initial public offering [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":52723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52722"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=52722"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/52723"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=52722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=52722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=52722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}