#CircleIPO
Circle, the issuer of the USDC stablecoin, successfully debuted on the New York Stock Exchange (NYSE) on June 5, 2025, marking a significant milestone for cryptocurrencies in traditional markets. The company raised $1.05 billion by offering 34 million shares at $31 each, reaching a valuation of approximately $8 billion. (reuters.com, reuters.com)
During its first day of trading, Circle's shares (symbol: CRCL) surged to $103.75, more than triple its offering price, reflecting strong institutional interest in cryptocurrencies and digital finance. (reuters.com)
This IPO is the largest since Coinbase's debut in 2021 and is considered a catalyst for future public offerings of crypto companies, such as Kraken and Gemini. Additionally, it occurs in a context of favorable regulatory changes under the administration of former President Trump, who has shown support for the sector. (reuters.com, reuters.com)
Founded in 2013 by Jeremy Allaire and Sean Neville, Circle has been a key player in digital financial infrastructure, offering USDC and EURC. Its IPO not only validates the business model of stablecoins but also marks an important step towards their institutional adoption. (reuters.com)