📢 #CircleIPO – Circle goes public successfully
On June 4, 2025, Circle, the issuer of the USDC stablecoin, raised $1.05 billion during its IPO in the United States. By selling 34 million shares at $31.$ each, the company achieved a valuation of approximately $8 billion.
🔍 Key details:
Stock Symbol: CRCL
Exchange: NYSE
Valuation: ~8 billion $
Amount raised: 1.05 billion $
Main partners: J.P. Morgan, Citigroup, Goldman Sachs
💡 Why it's important:
This IPO marks one of the largest public offerings of 2025, reflecting the growing interest of investors in cryptocurrency-related companies. It comes amid a more favorable regulatory environment in the United States for crypto companies.
📈 Market impact:
Circle's IPO could strengthen institutional investors' confidence in stablecoins and boost the adoption of USDC. It could also pave the way for other crypto companies looking to go public.
#CircleIPO #USDC #CryptoNews #BinanceSquare #Stablecoin #TraditionalFinance #hm6