#CircleIPO Crypto firm Circle went public with a bang this week, raising nearly $1.1 billion and sending shares up 235% in its initial public offering. The company, which issues the USDC stablecoin, was eyeing $624 million for its IPO as recently as last week .

Stablecoin issuer Circle targets $7.2 billion valuation in upsized US IPO. June 2 (Reuters) - Circle Internet said on Monday it was targeting a valuation of up to $7.2 billion on a fully diluted basis in its upsized U.S. initial public offering , underscoring growing momentum in the stablecoin market .

Stablecoin issuer Circle Internet's (CRCL.N) , opens new tab shares more than doubled in their debut on the New York Stock Exchange on Thursday , firing up the IPO market that has struggled to regain momentum .