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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.
Ballard Partners has added defense technology company Sempre to help it land federal contracts for digital infrastructure projects.
Flock Safety has hired Off Hill Strategies, a boutique lobby firm that boasts of its commitment to conservative principles.
Ballard Partners has signed South Korea’s SK Americas unit for representation on US semiconductor policies and developments.
Ballard Partners has signed to a represent the US unit of Rheinmetall, Germany’s biggest defense contractor, on Army procurement issues.
BGR Group signs on to provide lobbying and PR services for Terzo, an AI financial intelligence platform. Douglas Lute, chair of BGR’s international and defense practices, will join Terzo’s board of directors.
