#CircleIPO Circle debuts on the NYSE with an impressive increase of 168%
Circle, the company behind the USDC stablecoin, has made history by debuting on the New York Stock Exchange (NYSE) under the symbol $CRCL. The stock launched at $31 and closed its first day at $83.23, marking an increase of 168% and a market capitalization close to $19 billion.
Key points:
Record fundraising: $1.1 billion through the sale of 34 million shares.
Massive demand: The initial public offering was oversubscribed more than 25 times.
USDC expansion: Over $25 trillion in transactions since its launch, with $6 trillion alone in the first quarter of 2025.