#CircleIPO Crypto Goes to Wall Street
Circle, the issuer of the USDC stablecoin, successfully conducted an IPO, selling 34 million shares at $31 each.
📈 The company's valuation is around $7 billion.
💵 Over $1.1 billion raised — a strong signal of interest from investors.
Circle is traded on the NYSE under the ticker CRCL, strengthening the position of stablecoins in traditional finance.
🔗 USDC is the second largest stablecoin in the world, with transactions exceeding $25 trillion since its launch.
💡 The public listing is a step towards even greater trust and recognition of the crypto market on the global stage.