USDC issuer Circle officially files for IPO on the NYSE

USDC issuer Circle officially files for IPO

Circle, the company behind the USDC stablecoin, has officially filed for an initial public offering with the U.S. Securities and Exchange Commission. According to the April 1 filing, Circle (USDC) intends to list its Class A common stock on the New York Stock Exchange with the ticker “CRCL.” The company’s filing indicates that some current … Read more

Fidelity files with the SEC to launch blockchain-based U.S. dollar money market fund

Fidelity files with the SEC to launch blockchain-based U.S. dollar money market fund

Asset manager Fidelity Investments has filed with the U.S. Securities and Exchange Commission for regulatory approval to launch a blockchain-based, tokenized share class of its U.S. dollar money market fund. Fidelity Investments has submitted a proposal to create a blockchain-based version of its U.S. dollar money market fund. The proposal, filed with the SEC, aims … Read more

Law firm files class action lawsuit in LIBRA token scandal

New York-based Burwick Law files class action lawsuit over LIBRA token launch

Burwick Law has filed a class action lawsuit in New York against Kelsier Ventures, KIP Protocol, and Meteora, accusing them of running a deceptive launch in the LIBRA token scandal.   According to the lawsuit filed on Mar. 18, the token’s developers secretly manipulated liquidity to defraud retail traders of millions of dollars while misleading investors … Read more