#CircleIPO
๐จCircle IPO Update: Stablecoin Giant Goes Public!๐
Circle, the issuer of USDC, has priced its IPO at $31/share, raising $1.05B by selling 34M shares, valuing the company at $6.9B ($8.1B fully diluted). Trading begins today on NYSE under ticker CRCL. ๐Strong investor demand, with BlackRock eyeing a 10% stake, signals huge confidence in the stablecoin market.๐ช