#CircleIPO

CircleIPO - Brief Overview

Circle, the issuer of the USDC stablecoin, was listed on the New York Stock Exchange under the ticker CRCL in June 2025. The initial public offering price was $31 per share, raising $1.05 billion, with a valuation of nearly $8 billion. The offering was significantly oversubscribed, reflecting strong investor confidence in Circle's role as a key player in cryptocurrency payments and stablecoin infrastructure. Circle reported revenues of $1.7 billion and a net income of $156 million in 2024, highlighting the strength of its fundamentals. The proceeds from the IPO are aimed at expanding payment solutions and pursuing acquisitions. Circle's IPO represents a major step in connecting traditional finance with blockchain-based financial systems.