Circle Internet Financial探索收购要约，至少为50亿美元

据说讨论涉及长期合作伙伴Coinbase和Ripple，后者最近推出了自己的Rlusd Stablecoin，并一直在积极寻求收购。

Circle Internet Financial, the company behind the USDC stablecoin, is reportedly exploring acquisition offers at a valuation of at least $5 billion, even as it pursues plans to go public, according to Fortune.

据《财富》（Fortune）表示，据据《财富》（Fortune）表示，据《财富》（Fortune）表示，据《财富》（Fortune）表示，据据《财富》（Fortune）称，即使它追求公开计划，Circle Internet Financial的估值至少为50亿美元。

The discussions are said to involve Coinbase (NASDAQ:COIN), a long-time partner, and Ripple (NYSE:PYPL), which recently launched its own RLUSD stablecoin and has been actively seeking acquisitions.

据说讨论涉及长期合作伙伴的Coinbase（NASDAQ：COIN）和Ripple（NYSE：PYPL），该公司最近发起了自己的RLUSD Stablecoin，并一直在积极寻求收购。

Reportedly, Ripple made an offer in April that was valued between $4 billion and $5 billion, but Circle declined, calling the price too low.

据报道，Ripple在4月份提出的要约价值在40亿至50亿美元之间，但Circle下降了，称价格过低。

The reported talks come as Circle, which filed a prospectus for an IPO last month, seeks to balance growth ambitions with market realities. The company previously abandoned a planned SPAC deal in 2022 that would have valued it at $9 billion, as market conditions deteriorated during the crypto downturn.

报道的谈判是随着上个月提交了IPO招股说明书的Circle，试图平衡增长野心与市场现实。该公司此前在2022年放弃了一项计划中的SPAC交易，该协议的价值为90亿美元，因为在加密货币下滑期间市场条件恶化。

Circle’s future remains closely tied to USDC, the second-largest stablecoin by market cap and a key player in crypto payments and DeFi markets. It’s also deeply integrated with Coinbase, which helped co-found the CENTRE Consortium to govern USDC and earned $900 million in distribution fees from Circle in 2024 alone.

Circle的未来仍然与USDC紧密相关，USDC是市值第二大的Stablecoin，也是加密支付和Defi市场的关键参与者。它也与Coinbase深入融合，该基础帮助共同创立了中心财团，以管理USDC，并仅在2024年就从Circle获得了9亿美元的发行费。

According to the firm’s S-1 filing with the SEC, Circle booked $155.7 million in net income for 2024, a steep drop from $267.6 million in 2023. Though this reflects a sharp rebound from the $768.8 million loss in 2022, some observers see troubling signs when comparing Circle’s performance to that of its offshore rival Tether, which reported $13 billion in profits for the same period — most of it from U.S. Treasury yield.

根据该公司向SEC提交的S-1备案，Circle预订了2024年的1.557亿美元的净收入，从2023年的2.676亿美元下降了。尽管这反映了2022年的7.688亿美元亏损的急剧折扣，一些观察者在比较圈子的情况下，据报道，这是一笔不合时间的竞争，这是在比较cirve cirve的情况下，这是竞争票价上的一流票价，这是一笔不合时间的票房，这是130亿美元的相同。

Coinbase is expected to soon join the S&P 500, becoming the first major crypto-native company to do so. It has also been exploring acquisitions of its own, including derivatives exchange Deribit and privacy project IronFish.

预计Coinbase将很快加入标准普尔500指数，成为第一家主要的加密本地公司。它还一直在探索自己的收购，包括衍生品交换deribit和Ironfish Project Ironfish。

Circle’s reported valuation suggests that investors still see strategic value in stablecoins, particularly as Washington moves toward legislation. President Donald Trump has called for stablecoin regulation to pass by the end of the summer, giving issuers and exchanges more clarity.

Circle报道的估值表明，投资者仍然看到Stablecoins的战略价值，特别是当华盛顿朝着立法发展时。唐纳德·特朗普（Donald Trump）总统呼吁在夏季结束时通过Stablecoin法规通过，使发行人和交流更加清晰。

Still, market analysts are skeptical of a wave of new crypto IPOs unless broader macro conditions improve. Circle joins Kraken, BitGo, and other firms that showed interest in going public, but may face delays if capital markets remain cautious.

尽管如此，除非更广泛的宏观条件改善，否则市场分析师对新的加密IPO持怀疑态度。 Circle与Kraken，Bitgo和其他对公开兴趣的公司的加入，但如果资本市场仍然谨慎，可能会面临延误。

Circle has not yet commented on the reported acquisition talks.

Circle尚未对报道的收购谈判发表评论。