A cryptocurrency exchange supported by Peter Thiel has submitted an IPO prospectus to the U.S. SEC, planning to raise up to $629 million, corresponding to a maximum valuation of $4.23 billion, and intends to convert part of the raised funds into US dollar stablecoins. Benefiting from favorable policies such as the GENIUS Act, the platform has restarted its listing plan and has acquired a cryptocurrency media company. The CEO is former NYSE president Thomas.
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