May 27 (Reuters) - Circle Internet is aiming for a

valuation of up to $5.65 billion in its U.S. initial public

offering, the company behind stablecoin USDC said on Tuesday.

The company said it was targeting to sell about 9.6 million

shares while some of its shareholders were looking to offload

about 14.4 million shares, priced between $24 and $26 apiece, to

raise $624 million.

Following the listing, Circle will trade on the New York

Stock Exchange under the ticker symbol "CRCL".

J.P. Morgan, Citigroup and Goldman Sachs are the lead

underwriters of the offering.