#CircleIPO Circle's initial public offering (IPO) has made headlines after its stock debuted on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL". Here are the key details:

- *IPO Price:* $31 per share, exceeding the initial price range expectations

- *Shares Sold:* 34 million shares sold, raising approximately $1.05 billion

- *Market Value:* Circle's market capitalization stands at around $16.7 billion after the first day of trading, with the stock price closing at $83.23, a 168% increase from the IPO price

- *Revenue:* Circle reported $1.68 billion in revenue for 2024, with a net income of $156 million

The successful IPO demonstrates growing institutional interest in cryptocurrency investments, particularly in stablecoin issuers like Circle. Circle's USDC stablecoin has processed over $25 trillion in on-chain transactions since its launch and maintains a significant market presence.