#CircleIPO Circle, a global financial technology company and the issuer of the USDC stablecoin, has recently completed its Initial Public Offering (IPO).

Here's a summary of key details:

* Pricing: Circle announced the pricing of its upsized IPO at $31.00 per share, above its initially marketed range.

* Shares Offered: The offering included 34,000,000 shares of its Class A common stock. Circle offered 14,800,000 shares, and selling stockholders offered 19,200,000 shares. Underwriters were also granted a 30-day option to purchase up to an additional 5,100,000 shares.

* Total Raised: The IPO is set to raise over $1 billion.

* Market Value: At the IPO price, Circle's approximate market value is nearly $6.9 billion.

* Listing: The shares of Class A common stock were expected to begin trading on the New York Stock Exchange (NYSE) on June 5, 2025, under the ticker symbol "CRCL."

* Closing: The closing of the offering is expected to occur on June 6, 2025, subject to customary closing conditions.

* Underwriters: J.P. Morgan, Citigroup, and Goldman Sachs & Co. acted as joint lead book-runners.

This marks a significant step for Circle, which has sought to go public multiple times in the past. The company aims to gain more credibility and transparency by becoming a publicly traded entity, especially as it competes in the growing stablecoin market.