Wu said that Circle denied being in informal negotiations with Coinbase or Ripple regarding a potential sale, stating that "Circle is not selling and the company's long-term goals remain unchanged. Previously, there were reports that Circle was seeking a valuation of at least $5 billion in its negotiations with Coinbase and Ripple, as well as its IPO process. In April, Circle rejected Ripple's proposed acquisition offer of $4 to $5 billion, citing the offer as too low. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43019