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Circle (USDC) goes public valued at 7.2 billion dollars

Circle, the firm behind USDC, has valued its Initial Public Offering or IPO at 7.2 billion dollars.

05-06-2025, 12:50:00 Editorial / Investment Strategies.

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The firm behind USD Coin, Circle, has valued its Initial Public Offering or IPO this Thursday at 7.2 billion dollars. At a key moment to take advantage of the regulatory advantages over its main competitor Tether, according to Blockhead.

Circle announced today the price of its Initial Public Offering (IPO) in a press release. The offering was set at 31.00 dollars per share, with 34 million shares offered, resulting in a total offering volume of 1.054 billion dollars, an increase from the initial targets of raising up to 624 million dollars with the sale of 24 million shares.

The IPO, which comes after a previous failed SPAC attempt, values Circle at 7.2 billion dollars. The company's shares will trade on the New York Stock Exchange (NYSE) under the symbol CRCL when the U.S. markets open on Thursday $USDC