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BGR Government Relations has picked up Circle Internet Group, the leader in stablecoins, for strategic counsel and advocacy issues related to cryptocurrency and financial services.
The New York-based company made a much anticipated initial public offering on June 5.
Initially priced at $31 each, Circle shares opened at $69 and soared to $103.75 before closing at $83.23 for a 168 percent gain. Shares are currently trading at $219.24.
Circle is the issuer of USDC, a cryptocurrency that is pegged to the US dollar. It claims to be building the “largest and most-widely used stablecoin network."
BGR has VP Jen Brown, who was banking counsel to Senate Democratic Leader Chuck Schumer; managing director David Urban, EVP-North America for Bytedance’s TikTok; and principal Matt Hoffmann (staff director at the House financial services committee) repping Circle.
Anne Kierig, who was senior manager of public policy at Amazon, has joined the American Advertising Federation as VP-government affairs. She takes over for Clark Rector, who is retiring after a 37-year run at AAF.
TikTok USDS Joint Venture LLC, which was established in compliance with the executive order signed by President Trump, has hired Valcour LLC, which has close ties with his administration.
Ballard Partners has signed on gunmaker Sturm, Ruger & Co to advocate on behalf of Second Amendment issues.
Sakura Conservation Strategies has registered Japanese American Confinement Sites Consortium as a client.
Sachs Media has signed on to represent the Tobacco-Free Kids Action Fund to advocate for public policies proven to reduce tobacco use, which is the No. 1 cause of preventable deaths in the US and the rest of the world.
