🚨 BREAKING: CIRCLE GOES PUBLIC ON NYSE 🚨
Ticker: $CRCL | IPO Price: $31 | Raised: $1.05B
🟢 USDC Issuer Circle Hits Wall Street in Historic Listing
In a landmark moment for crypto adoption, Circle Internet Financial, the company behind the $60B stablecoin $USDC , officially began trading on the New York Stock Exchange (NYSE) on June 5, 2025 under the ticker $CRCL.
💰 IPO Highlights
34M shares sold at $31 each (above expected range of $27–$28)
Raised $1.05 billion – up from original goal of $24–$26/share for 24M shares
Backed by institutional heavyweights: JPMorgan, Citigroup, Goldman Sachs
30-day option to sell 5.1M more shares
🧾 Proceeds will cover RSU-related taxes & working capital expansion.
📈 Valuation
~$6.2 Billion (fully diluted)
2024 revenue: $1.68B (up from $1.45B in 2023)
📣 CEO Jeremy Allaire:
> “Circle’s public debut marks a new era. The world is ready to upgrade to an internet-native financial system.”
⚖️ Why This Matters
Comes amid relaxed regulations and pro-crypto signals from the Trump administration
Analysts believe it paves the way for stablecoins to go mainstream
Adds legitimacy to crypto firms seeking IPOs
🧠 “Circle’s upsized IPO reflects deepening institutional belief that stablecoins like USDC will play a foundational role in modern finance.”
— James Toledano, Unity Wallet COO
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💡 Market Impact Watchlist
$BTC | $ETH | $SOL | $DOGE | $XRP | $TRX | $PEPE | $WLD | $VERSE
#CircleIPO #USDC✅ #Stablecoins #CryptoNewss #BlockchainRevolution
