#CircleIPO Circle Internet's IPO was a significant event, with the stablecoin giant fetching an $18 billion valuation and its shares more than tripling in the NYSE debut. Here are the key details ¹ ²:

- *IPO Details*:

- *Shares Sold*: 34 million shares were sold, exceeding the initial target of 24 million shares.

- *Price*: The shares were marketed at $27-$28 each but were priced at $31 apiece, raising $1.05 billion.

- *Valuation*: The company's valuation reached $18.9 billion, with a fully diluted valuation of about $22.5 billion.

- *Market Performance*:

- *Opening Price*: Shares started trading at $69 and surged to $103.75, before being halted due to volatility.

- *Market Reaction*: The IPO saw strong demand, with orders exceeding 25 times the number of shares available.