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Opinion: The likelihood of stablecoin company Circle being acquired before its IPO is very low
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The IPO of stablecoin company Circle is highly anticipated, with Jay Woods, Chief Global Strategist at Freedom Capital Markets, stating that due to the smooth progress of the IPO, such as the price being set and the timeline given, the initial acquisition plan may be canceled. Jay Woods added, "Unless someone makes an absurd offer to prevent the IPO from happening, the acquisition deal will only be completed before they go public." (Blockworks)
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