#CircleIPO CircleIPO Circle Internet Financial, the issuer of the USDC stablecoin, has successfully launched its initial public offering (IPO) on the New York Stock Exchange under the ticker symbol CRCL. The company raised $1.05 billion by selling 34 million shares at $31 each, surpassing its initial price range of $27–$28 per share. This pricing values Circle at approximately $6.8 billion, with a fully diluted valuation nearing $8 billion .   

This IPO marks a significant milestone for Circle, especially after its previous attempt to go public via a SPAC merger in 2022 was called off. The successful offering reflects growing investor confidence in cryptocurrency infrastructure companies. Circle’s USDC is the second-largest stablecoin by market capitalization, trailing only