Viewpoint: The likelihood of Circle being acquired before its IPO is extremely low

ChainCatcher news, according to Blockworks, the IPO of stablecoin company Circle is highly anticipated. Jay Woods, Chief Global Strategist at Freedom Capital Markets, stated that due to the smooth progress of the IPO, such as the price being determined and the timeline being provided, 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 be completed before they go public."