HODL Assets is moving forward in its efforts to secure a Series A funding round to fuel expansion of its operations.
The longtime trading card company pulled out of its deal following the loss of its exclusive contract to make cards for Major League Baseball.
The company will be valued at $4.3 billion.
Also, Circle might be an attractive "starter stock for the cautious" when it goes public, according to one analyst.
The Block.one subsidiary is set to go public via a SPAC merger this year.
The deal is expected to be completed by the end of 2021.
The soon-to-be public company is still dealing with Poloniex’s legal woes despite cutting ties in 2019, with securities and sanctions fines to be paid.
The news comes just a month after the announcement of Bullish's launch.
The combined company will operate as eToro Group Ltd. and be listed on the Nasdaq.
A deal could be announced as early as Tuesday.