#CircleIPO

- *IPO Pricing*: Circle's shares are priced at $31 each, above the initial range of $24-$26 per share. This values the company at around $6.8-$6.9 billion, with a fully diluted value of $8.1 billion.

- *Oversubscription*: The IPO was oversubscribed by more than 25 times, indicating strong demand for the shares. Circle and its backers sold 34 million shares, netting around $1.1 billion.

- *Market Reaction*: This significant milestone comes as Circle continues to grow its stablecoin business. USDC, Circle's dollar-based stablecoin, has been used for over $25 trillion in on-chain transactions, with a 500% increase in transactions in the first quarter of 2025 compared to the same period in 2024.

- *Regulatory Compliance*: Circle is well-positioned for future growth, having obtained necessary licenses and approvals in multiple jurisdictions, including the US, UK, and Singapore. The company is focused on compliance and is poised to benefit from the evolving digital asset landscape.

- *Ticker Symbol*: Circle's ticker symbol on the NYSE is CRCL. With this IPO, Circle aims to capitalize on the growing demand for digital payment solutions and stablecoins.