Circle Internet Financial探索在潛在IPO之前向Coinbase或Ripple的銷售

USDC Stablecoin的發行人正在初步談判，以考慮與Coinbase或Ripple進行談判。

Circle Financial, the firm behind the USDC stablecoin, is in the early stages of exploring a potential sale and has engaged in initial discussions with Coinbase and Ripple, according to sources linked to banks and private equity firms.

根據與銀行和私募股權公司有關的消息來源，Circle Financial是USDC Stablecoin背後的公司，正處於探索潛在銷售並與Coinbase和Ripple進行初步討論的早期階段。

Despite these talks, Circle is continuing with its planned public listing via a traditional IPO, as reported by Bloomberg earlier this year.

儘管進行了這些談話，但彭博社今年早些時候報導，Circle仍在通過傳統的IPO進行了計劃的公開上市。

The conversations regarding a possible sale are described as informal, and Circle is said to be seeking a minimum valuation of $5 billion. However, a proposal from Ripple, which valued the company at between $4 billion and $5 billion, was rejected by Circle as being too low.

有關可能出售的對話被描述為非正式，據說圈子正在尋求最低估值50億美元。但是，Ripple的一項提議估計該公司在40億至50億美元之間，被Circle拒絕了。

One aspect of the proposal that may have contributed to the valuation differential is the structure of the consideration. A significant portion of Ripple's offer was in XRP tokens, which could have resulted in a substantial discount to market value, especially given Circle's preparation for a public listing.

該提案可能導致估值差異的一個方面是考慮因素的結構。 Ripple的很大一部分是在XRP代幣中，這可能會導致市場價值折扣，尤其是考慮到Circle為公開上市的準備工作。

According to the sources, Circle appears to be holding firm to its valuation floor and has shown no willingness to compromise on that front. Moreover, if both Coinbase and Ripple were to match the valuation and present viable acquisition proposals, Circle might prefer Coinbase due to their existing partnership, revenue sharing through USDC, and aligned governance history.

消息人士稱，Circle似乎將堅定地置於其估值地板上，並且不願意在這方面妥協。此外，如果Coinbase和Ripple均可符合估值和目前的可行收購建議，則Circle可能會因為Coinbase的現有合作夥伴關係，通過USDC的收入分擔以及一致的治理歷史而更喜歡Coinbase。

Coinbase recently announced a $2.9 billion deal to acquire crypto derivatives exchange Deribit, highlighting its interest in expanding through acquisitions. CEO Brian Armstrong has stated that the company is looking for M&A opportunities that would enhance its offerings and accelerate its global growth.

Coinbase最近宣布了一項29億美元的交易，以收購加密衍生品交易所deribit，強調了其通過收購擴展的興趣。首席執行官布萊恩·阿姆斯特朗（Brian Armstrong）表示，該公司正在尋找併購機會，以增強其產品並加速其全球增長。

When asked about a potential acquisition of Circle, Armstrong said that there was “nothing to announce” at this time. However, given Coinbase's active involvement in M&A and its interest in expanding its footprint, it wouldn't be surprising to see them pursue an opportunity like this, especially considering the close partnership and potential synergies with Circle.

當被問及潛在地收購圈子時，阿姆斯特朗說，目前沒有“沒有什麼可以宣布”。但是，鑑於Coinbase積極參與併購及其對擴大其足蹟的興趣，看到他們尋求這樣的機會並不奇怪，尤其是考慮到與Circle的緊密合作夥伴關係和潛在的協同作用。

According to the sources, if Coinbase expressed interest, Circle could quickly accept a proposal. Meanwhile, Circle has filed its IPO application with the SEC but is still assessing the impact of recent U.S. trade policies on their decision to proceed with the IPO.

根據消息來源，如果Coinbase表示興趣，Circle可以迅速接受提案。同時，Circle已向SEC提出了IPO申請，但仍在評估美國最近的貿易政策對進行IPO的決定的影響。

Several other companies that were planning to debut on the stock exchange, such as Swedish buy now, pay later firm Klarna and ticket resale company StubHub, have decided to postpone their roadshows due to the current macroeconomic uncertainty.

其他幾家計劃在證券交易所上首次亮相的公司，例如瑞典購買，後來的克拉納公司和售票轉售公司Stubhub付款，由於當前的宏觀經濟不確定性，決定推遲其路演。