🌞 Circle IPO hits $1.1 billion as the firm sells shares above marketed range. Circle and its backers including CEO Jeremy Allaire sold 34 million shares at approximately $31 each, raising around $1.1 billion, according to Bloomberg. The firm could now be valued at $6.9 billion, with a fully diluted valuation of $8.1 billion. That figure surpasses the $896 million Circle had projected just two days earlier.
🌞 Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions.