Jeremy Allaire took to social media to give a virtual tour of the company’s new office in the central building of the One World Trade Center complex in lower Manhattan.
“Today, we celebrate the opening of our new headquarters. We are joined in New York by industry leaders, policymakers, and key partners who have been instrumental in Circle’s growth and success. Join us on this journey. We are investing in New York. We are investing in America,” Allaire wrote.
The Circle CEO clarified that the Circle headquarters is not being built as a traditional office, but as a space to create a new financial internet system and to host meetings for stakeholders to collaborate. The new office will open in early 2025.
Rumors that the holding company Circle Internet Financial intended to relocate from Ireland to the United States emerged back in May. The official reason for the change of jurisdiction was Circle’s intention to conduct an IPO in the United States, which the company notified the U.S. Securities and Exchange Commission (SEC) of in January.
At the time, Circle clarified that details about the number of shares and prices had not yet been determined, and the change in jurisdiction would coincide with the IPO, which was dependent on market conditions and the timing of SEC approval.
Earlier it became known that Circle received a license from the Electronic Money Institution (EMI) to operate stablecoins, in accordance with the law on the regulation of cryptocurrencies in the European Union (MiCA).
Source: Bits
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