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‘Circle Is Not For Sale’ Company Denies Plans for Coinbase or Ripple Buyout

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Summary
Nutrition label

65% Informative

Stablecoin firm Circle rejected a $4$5 billion takeover bid from Ripple , citing the offer as insufficient.

The stablecoin firm continues to pursue its plans of an Initial Public Offering ( IPO ) and a possible listing on the New York Stock Exchange later this year .

Earlier this year , Circle filed its prospectus with the SEC to list its shares on NYSE under the ticker "CRCL".

VR Score

44

Informative language

30

Neutral language

56

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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