Circle Internet Group, the company behind StableCoin USDC, has requested an initial public offering on New York Stock Exchange, the company said Tuesday.

Circle offers 24 million of its class A shares, of which 9.6 million is offered by the company, while 14.4 million shares are offered by selling stakeholders. It also expects to give insurance companies a 30-day opportunity to buy up to 3.6 million shares.

The IPO price is expected to be between $ 24 and $ 26 per Stock. Based on the higher end of the range, Circle could collect nearly $ 250 million, while selling stakeholders could get nearly $ 375 million for their share.

JP Morgan, Citigroup and Goldman Sachs & Co. LLC serves as a joint manager of active bookrunners for the offer. The StableCOin giant will act under Ticker ‘CRCL. ”

The Jeremy Allaire-led company has been trying to be published for almost 4 years. By 2021, Circle tried to be published through the acquisition of special purposes (SPAC), which later fell through.

In April, the company filed an S-1 form with Securities and Exchange Commission (SEC) to be listed. However, it was later reported that the USDC missuer was looking to delay its IPO.

Last week, Fortune reported that Circle also explored a $ 5 billion sale instead of going through the IPO route. It was also reported that listed crypto exchange coinbase (coin) and the payment company Ripple, which also has its RLUSD stableCoin, were among the volunteers.

Read more: Circle has explored potentially $ 5B sales to Coinbase or Ripple instead of IPO: Report

Update (May 27, 11:47 UTC): Adds additional details about Circle’s IPO story.