#CircleIPO initial public offering (IPO) of Circle was a great success, exceeding expectations with a valuation of around $8 billion. Here are the main details:

IPO Price: Circle's shares were priced at $31 each, above the initial expected range of $24 to $26.

Shares Sold: The company sold 34 million shares, raising approximately $1.05 billion.

Market Value: The market value of Circle is estimated at around $6.9 billion, with a fully diluted value of $8.1 billion.

Investor Interest: The IPO was 25 times oversubscribed, indicating strong demand from investors. Notable investors include ARK Invest, led by Cathie Wood, who plans to invest $150 million in Circle shares, and BlackRock.

Listing: Circle's shares are listed on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL".

Impact on Ripple: The successful IPO may impact the potential acquisition of Circle by Ripple, as Circle's valuation has significantly increased. Ripple reportedly offered between $9 billion and $11 billion to acquire Circle, but the company publicly dismissed acquisition rumors.