#CircleIPO

Circle Internet Group, the issuer of the USDC stablecoin, has successfully launched its initial public offering (IPO) on the New York Stock Exchange under the ticker symbol CRCL. The IPO was priced at $31 per share, exceeding the anticipated range, and raised approximately $1.1 billion. This valuation places Circle at around $6.9 billion, with a fully diluted valuation nearing $8 billion.