#CircleIPO Circle's initial public offering (IPO) has made headlines after its successful debut on the New York Stock Exchange (NYSE) under the stock symbol "CRCL". Here are the key details:
Circle IPO Overview
- *IPO Date*: The Circle IPO took place on June 5, 2025, with shares priced at $31 each.
- *Shares Offered*: Circle offered 34.3 million shares, including 15.1 million new shares and 19.2 million shares sold by existing shareholders.
- *Raised Funds*: The company raised approximately $1.05 billion, exceeding initial expectations.
Performance and Valuation
- *First-Day Trading*: Circle's stock surged 168% above its IPO price, closing at $83.23 per share.
- *Market Capitalization*: The company's market capitalization reached $16.7 billion, up from its initial valuation of $6.1 billion.
- *Valuation*: Circle's valuation was around $7 billion after the IPO, with some estimates suggesting a fully diluted valuation of $7.1 billion ¹ ².
Investor Interest and Future Pros