#CircleIPO

Circle Internet Group, the issuer of USD Coin (USDC), has successfully completed its initial public offering (IPO) and is now trading on the New York Stock Exchange (NYSE) under the ticker symbol CRCL.wsj.com+7investopedia.com+7binance.com+7

Key Highlights:

IPO Pricing: Circle priced its IPO at $31 per share, above the initially expected range of $27–$28, reflecting strong investor demand. wsj.com+8barrons.com+8investopedia.com+8

Funds Raised: The company sold 34 million shares, raising approximately $1.05 billion. marketwatch.com+5binance.com+5reuters.com+5

Market Capitalization: At the IPO price, Circle's market capitalization is approximately $6.9 billion. binance.com+2marketwatch.com+2barrons.com+2

Investor Interest: The IPO was oversubscribed by over 25 times, indicating significant institutional interest in Circle's business model and the broader stablecoin market. binance.com+6binance.com+6binance.com+6

Use of Proceeds: Circle plans to use the funds to expand USDC's adoption and strengthen its position in the global payments market.