#Circle Prices IPO at $31 per Share, Reaching a Valuation of $6.9 Billion
#stablecoin issuer Circle successfully completed its IPO on the New York Stock Exchange at a price of $31 per share.
This exceeded the original price range expectation of $24-$26. The company raised $1.1 billion and achieved a valuation of $6.2 billion.
The stock is traded under the symbol " $CRCL " and will begin trading on Thursday. The IPO was initially planned to issue 24 million shares, but due to high demand, it was increased to over 34 million shares.
As per CoinDesk