#CircleIPO ๐ IPO Highlights
Funds Raised: Approximately $1.1 billion through the sale of 34 million shares, surpassing initial expectations .
Market Capitalization: Closing day valuation stood at around $16.7 billion .
Investor Interest: The IPO was oversubscribed by 25 times, indicating strong market demand .
Major Investments: ARK Invest, led by Cathie Wood, acquired 4.48 million shares valued at approximately $373.4 million on the debut day .