#CircleIPO

Circle Internet Group, the issuer of the USDC stablecoin, successfully launched its Initial Public Offering (IPO) today, June 5, 2025, on the New York Stock Exchange under the ticker symbol CRCL. The company priced its IPO at $31 per share, surpassing the initial estimated range of $27–$28, and raised approximately $1.1 billion by offering 34 million shares. This pricing gives Circle a valuation of about $6.8 billion, potentially rising to nearly $8 billion when accounting for additional financial instruments .  

This IPO marks one of the largest in 2025 and signifies growing investor interest in cryptocurrency-related firms transitioning into traditional finance markets. It also represents one of the most significant crypto listings since Coinbase’s 2021 debut . 

Circle’s flagship stablecoin, USDC, is the second-largest stablecoin by market capitalization, with over $61 billion in circulation as of March 31, 2025 . The company also issues the euro-pegged EURC stablecoin