#CircleIPO Circle, the company behind the USDC stablecoin, has made significant strides with its initial public offering (IPO). Here are the key details:

- *IPO Size and Price*: Circle has increased its IPO size to 34 million Class A common shares, priced at $31 per share. This adjustment reflects strong investor interest and aims to raise over $1 billion.

- *Valuation*: The company's valuation has been set at $6.8 billion, with some estimates suggesting it could reach $7.2 billion or even $8.1 billion in fully diluted valuation.

- *Investor Support*: Major investors, including BlackRock and ARK Investment Management, have shown interest in Circle's IPO. BlackRock plans to acquire a 10% stake, while ARK Investment Management has expressed interest in purchasing up to $150 million worth of shares.