ChainCatcher news, Circle has increased its workforce by more than 15% this year, having previously revealed in January that it had secretly submitted an IPO application in the U.S.A Circle spokesperson stated that the company has added 137 employees and has opened over 140 new positions in areas such as business development, engineering, and marketing. The company currently has 882 employees, with another 24 having accepted job offers.LinkedIn accounts show that the new hires include Chief Accounting Officer Tamara Schulz and Director of Exchange Business Development Pierre Carras, both of whom joined in May. According to LinkedIn information, Sterling Barnett is the Director of Business Development responsible for North American and European exchange partnerships, starting work in April.

ChainCatcher news, social media platform Reddit has submitted an IPO application to the NYSE, with Morgan Stanley, Goldman Sachs, JPMorgan Chase, and Bank of America serving as lead underwriters, and institutions such as Citigroup and Deutsche Bank also participating in the underwriting.According to the submitted documents, Reddit will invest part of its excess cash reserves in Bitcoin and Ethereum. In addition, Reddit also holds Ethereum and MATIC as payment methods for selling certain virtual goods, and may continue to do so in the future.

ChainCatcher news, according to Reuters, stablecoin company Circle has stated that it has secretly submitted an IPO application in the U.S. as part of its plan to become a publicly traded company. Circle did not disclose the number of shares it plans to sell or the proposed price range for its new IPO application.Circle stated that the IPO is expected to take place after the review process by the U.S. Securities and Exchange Commission is completed, but it will depend on market and other conditions.

ChainCatcher News: Japanese blockchain technology company Earlyworks Co., Ltd has applied for an IPO with the U.S. Securities and Exchange Commission (SEC), planning to list on the Nasdaq Capital Market.Founded in May 2018, Earlyworks is a Japanese company operating a proprietary private blockchain technology Grid Ledger System (GLS) aimed at leveraging blockchain technology across various industries. Earlyworks states that it has validated the applicability of GLS in virtual spaces, finance, and more, and is currently collaborating with Japanese listed company Ambition DX Holdings to apply GLS in an online rental signing system. (Source link)