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Teneo handles media for Circle Internet Group, the largest US issuer of stablecoins, as it plans to raise about $625M via an initial public offering.
It pegged its stock price from $24 to $26 per share, giving the company a valuation in the $6.2B range.
Circle, which will trade on the New York Stock Exchange, has already raised about $1.2B via private placements. Those investors include Oak Investment Partners, Accel, Fidelity and Breyer Capital.
Circle pitches itself as a global financial technology firm that enables businesses to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
Uber’s Mike Lucarelli is moving to NXP Semiconductors as senior VP-investor relations.
