#CircleIPO Great timing! As of **Thursday, June 5, 2025**, Circle (the issuer of the USDC stablecoin) has officially completed its Initial Public Offering (IPO).

Here are the key details:

* **Listing:** Circle's shares are now trading on the **New York Stock Exchange (NYSE)** under the ticker symbol **"CRCL"**.

* **Amount Raised:** Circle raised **$1.05 billion to $1.1 billion** in its upsized IPO.

* **Pricing:** Shares were priced at **$31 per share**, which was above its previously revised range of $27 to $28.

* **Valuation:** This pricing gives Circle a valuation of approximately **$8.06 billion** on a fully diluted basis.

* **History:** This marks Circle's third attempt to go public, having previously tried a SPAC merger in 2021 which was ultimately terminated.

* **Purpose of Funds:** The proceeds from the IPO are expected to be used to fund business development, expansion, and potential acquisitions.

* **Underwriters:** J.P. Morgan, Citigroup, and Goldman Sachs acted as lead underwriters for the offering.

This is a significant event for the cryptocurrency and fintech sectors, as Circle is a major player in the stablecoin market with its USD Coin (USDC).