#CircleIPO 📢 Breaking news in the world of cryptocurrencies!
🚀 Circle, the company behind the stablecoin USDC, has officially announced its initial public offering (IPO) on the New York Stock Exchange under the trading symbol CRCL!
🔹 34 million shares were offered
🔹 At a price of $31 per share
🔹 With a market value of nearly $8 billion!
💵 Circle is the company behind USDC – the second-largest stablecoin in the world by market capitalization, relied upon by thousands of applications and platforms in decentralized finance and digital transfers.
🎯 This offering represents a significant step in integrating the world of cryptocurrencies with the traditional financial system and reflects major institutions' confidence in the future of stablecoins.
💡 Circle's move opens the door for other crypto companies to enter global markets in an official and organized manner.