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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.


Dollar Tree has named Daniel Delrosario senior VP-investor relations & treasurer.
C Street Advisory Group and Publicis' Groupe's Kekst CNC unit work the Chapter 11 filing of Saks Global Holdings as the luxury retailer evaluates its "operational footprint."
Nashville’s Wortman Works is handling Old Glory Bank, which bills itself as the online bank for freedom-loving Americans, as it goes public via a $250M SPAC deal with Digital Asset Acquisition Corp.
FGS Global and Collected Strategies handle $1.5B merger of discount airlines Allegiant and Sun Country Airlines. (Updated)
Dan Scorpio, H/Advisors Abernathy’s managing director and head of the M&A and activism practice, has joined FTI Consulting’s Chicago office.



