Circle is reportedly considering delaying its initial public offering (IPO) due to growing economic uncertainties linked to President Donald Trump’s recent trade policies.
Circle registered with the SEC on April 1 with plans to go public, but the firm is now hesitating before moving forward, as the market remains volatile.
This hesitation comes amid a wave of companies rethinking their IPO timelines, including notable names like Klarna and StubHub. Circle, planning to list under the ticker symbol “CRCL,” has not yet disclosed the number of shares it intends to offer or the expected initial price.
The market turbulence stems from Trump’s announcement of sweeping trade tariffs on April 2, which caused significant disruption. The tariffs introduced a 10% baseline on all imports and imposed reciprocal charges on countries that tax U.S. products. The resulting shock wiped out over $2 trillion from the U.S. stock market by April 3, as investors quickly shifted from riskier assets to more stable options.
The increased volatility pushed the S&P 500 Volatility Index (VIX) above 41, signaling heightened fear among market participants. Financial experts are now speculating about the possibility of a recession as global markets react to Trump’s aggressive trade stance with retaliatory measures.
Among those voicing concerns is Cathie Wood, founder of ARK Invest, who warned that the velocity of money is declining sharply, suggesting that the economy could be heading toward a recession. Speaking at the Digital Asset Summit in mid-March, she emphasized the risk of economic slowdown, even before the tariff announcement exacerbated market instability.
With the market outlook remaining uncertain, Circle’s cautious approach to its IPO reflects the broader apprehension among businesses navigating the turbulent economic landscape.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/circle-considers-ipo-delay-amid-market-turmoil-from-trumps-trade-policies/