#CircleIPO Circle's IPO has made waves in the financial world! The stablecoin issuer behind **USDC** raised **$1.1 billion** in its **public debut**, pricing shares at **$31 each**, surpassing initial expectations[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://hodlfm.com/business/untitled-4/?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). This move values Circle at **$6.9 billion**, with a fully diluted valuation reaching **$8.1 billion**[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://uk.finance.yahoo.com/news/circle-ipo-said-price-above-210703132.html?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "2").
The IPO was **oversubscribed by 25 times**, showing strong investor demand, especially from major players like **BlackRock and Ark Invest**[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://uk.finance.yahoo.com/news/circle-ipo-said-price-above-210703132.html?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "2"). With stablecoins gaining regulatory attention, this listing could **reshape the crypto landscape** and drive further adoption[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://coingape.com/circle-ipo-to-likely-price-above-7-2-billion-valuation/?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "3").
Exciting times ahead for **USDC and the broader crypto market**! ๐๐ฐ
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