Hello Family ๐
The IPO of Circle Internet Group is massively oversubscribed, with demand exceeding available shares by 25 times. Priced at $31 per share, the offering raised $1.05 billion, valuing Circle at $8 billion. ๐ฅต
Circle Oversubscribed IPO
The initial public offering (IPO) of the stablecoin issuer Circle Internet Group will likely exceed the advertised range, with orders that would have raised over 25 times the number of available shares, according to a Bloomberg report citing anonymous sources.
