#CircleIPO

Circle Internet Group has successfully launched its IPO, pricing shares at $31 above the expected range and raising $1.1 billion.

This values the company at approximately $6.9 billion, potentially reaching $8 billion when including options and other instruments.

The offering was significantly oversubscribed, indicating strong investor demand. Circle, known for its USDC stable coin, is now trading on the NYSE under the ticker CRCL.