#CircleIPO Circle Internet Financial, the issuer of the USDC stablecoin, successfully raised \$1.05 billion through an upsized U.S. initial public offering (IPO) by selling 34 million shares at \$31 each, achieving a company valuation of approximately \$8 billion.

This IPO, one of the largest in 2025, signifies growing investor interest in cryptocurrency-related firms transitioning into traditional finance markets. It also marks one of the most significant crypto listings since Coinbase's 2021 debut.

The offering reflects robust institutional interest, particularly in stablecoins and crypto infrastructure rather than more speculative digital assets.

Founded in 2013, Circle is the second-largest stablecoin issuer after Tether, with USDC holding a market cap exceeding \$61 billion. The company also issues the euro-pegged EURC stablecoin.

Shares will begin trading on the NYSE under the symbol "CRCL."

The IPO comes amid a shift in U.S. crypto regulatory outlook under President Donald Trump, promising a friendlier environment for crypto firms.

The deal was underwritten by prominent financial institutions including J.P. Morgan, Citigroup, and Goldman Sachs.

"Stablecoin issuer Circle raises $1.05 billion in upsized US IPO"