#Circle扩大IPO规模 **Topic: Stablecoin Giant Circle Significantly Raises IPO Target, Accelerating the Integration of Crypto and Traditional Finance**

Major news has emerged in the cryptocurrency infrastructure sector: **Circle Internet Financial**, the main issuer of the globally leading stablecoin USDC, has updated its Nasdaq listing prospectus in July 2024, **significantly increasing its initial public offering (IPO) fundraising target**. This move has attracted significant market attention and is seen as a key step towards the deepening integration of the stablecoin industry and the entire crypto ecosystem with traditional financial markets.

**Key Events:**

1. **Significant Increase in Scale:** Circle has raised its IPO fundraising target from the previously planned **approximately $400 million to approximately $800 million**, an increase of nearly 100%.

2. **Valuation and Pricing:** In the latest submitted documents, Circle plans to issue shares at a price of **$27 to $29 per share** (previous range was $24-$28), indicating a significant increase in implied valuation.

3. **Increase in Number of Shares Issued:** To achieve a higher fundraising target, Circle plans to **correspondingly increase the total number of shares to be sold**.