#CircleIPO

Circle IPO Marks a Major Milestone for Crypto

Circle, the company behind the USDC stablecoin, has officially gone public on the New York Stock Exchange under the ticker symbol CRCL. Priced at $31 per share, the IPO raised approximately $1.1 billion, giving Circle a valuation near $6.9 billion. This marks one of the largest public debuts by a crypto-related company in recent years.

Founded in 2013, Circle is best known for USDC, a stablecoin pegged to the U.S. dollar and widely used in DeFi and crypto trading. The successful IPO signals growing investor confidence in blockchain infrastructure and regulated digital finance.

As crypto matures, Circle's public listing may pave the way for other blockchain firms to enter traditional markets. With its strong financials and expanding use cases, Circle is positioned as a key player in the future of digital finance.