#CircleIPO Circle's initial public offering (IPO) has been priced above its marketed range at $31 per share, with the company selling 34 million shares to net around $1.1 billion. This values Circle at approximately $6.9 billion, with a fully diluted value of $8.1 billion.

key details about Circle's IPO

- IPO Price: $31 per share, higher than the initial price range of $27-$28 per share

- Number of Shares: 34 million shares sold

- Valuation: $6.9 billion market value, with a fully diluted value of $8.1 billion

- Revenue: Circle generated $1.76 billion in revenue in 2024, with net income of over $155 million

- Stablecoin Market Cap: USDC, Circle's dollar-based stablecoin, has a market cap of $60.9 billion and has been used for over $25 trillion in on-chain transactions

- Listing: Circle's shares will be listed on the New York Stock Exchange (NYSE) under the ticker symbol CRCL

Circle's focus on regulation and compliance could bode well for its future, given the increasing scrutiny of digital assets. The company already holds licenses in multiple jurisdictions, including the UK and Singapore