#CircleIPO oversubscribed**), Circle upsized the offering from an initial 24 million shares to **34 million shares** . This raised **$1.05-$1.1 billion** for the company and selling shareholders .
3. **Trading & Underwriters**: Shares began trading on the **New York Stock Exchange (NYSE)** on **Thursday, June 5, 2025**, under the ticker symbol **"CRCL"** . Major underwriters include JPMorgan, Citigroup, and Goldman Sachs .
4. **Business & Context**: Circle is the issuer of **USDC**, the world's second-largest stablecoin ($62 billion market cap, 27% market share). Its primary revenue comes from interest earned on reserves backing USDC. The IPO capitalizes on a favorable regulatory shift under the Trump administration and anticipated stablecoin legislation (e.g., the GENIUS Act) .
