#CircleIPO
Here’s a concise 100-word summary of the **Circle IPO**:
Circle, the issuer of the USDC stablecoin, debuted on the NYSE on **June 5, 2025**, under the ticker **CRCL**. Priced at **$31/share**, the IPO raised **$1.1 billion**, valuing the company at **$6.9 billion**. Shares surged **168%** on the first day, closing at **$83.23**, reflecting strong investor confidence in crypto amid regulatory tailwinds. The offering was oversubscribed, with backing from giants like **BlackRock** and **ARK Invest**. Circle’s IPO marks a milestone for stablecoins, leveraging USDC’s **$62 billion market cap** and growth outpacing rivals like Tether. The listing signals renewed IPO momentum in 2025.