#CircleIPO Circle's IPO has officially started trading on the New York Stock Exchange (NYSE) under the symbol "CRCL" today, June 5, 2025. The IPO price is $31 per share, exceeding the initial target range of $24-$26. Circle aims to raise over $1 billion by offering 34 million shares, with a fully diluted valuation of $8.1 billion.

*Key Details:*

- *IPO Symbol:* CRCL

- *Exchange:* New York Stock Exchange (NYSE)

- *IPO Price:* $31 per share

- *Number of Shares:* 34 million

- *Target Valuation:* $8.1 billion

- *Funds to be Raised:* Over $1 billion

Circle's success in its IPO could potentially help it challenge Tether's dominance in the stablecoin market. The company has expressed interest in contending for Tether's market share and has been expanding internationally, securing regulatory approval in Abu Dhabi ¹.