#CircleIPO
The hashtag #CircleIPO has gained prominence recently, primarily associated with the initial public offering (IPO) of Circle Internet Financial, the company behind the USD Coin (USDC) stablecoin. On June 5, 2025, Circle made a notable debut on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL". The company's shares opened at $69, more than doubling the IPO price of $31, and closed at $83.23, valuing Circle at approximately $18.36 billion.
This successful IPO is seen as a significant milestone for the cryptocurrency industry, potentially paving the way for other crypto firms to enter public markets. Analysts suggest that Circle's listing could revitalize the crypto IPO market, especially with favorable regulatory shifts under the Trump administration.
In addition to the IPO, Circle launched a brand campaign titled “Money is now open,” emphasizing the transformation of money through the open internet and highlighting USDC's role in this new era of digital finance.