#CircleIPO Game Changer: Circle Connects Crypto and Wall Street
Circle, the issuer of the USDC stablecoin, is about to go public and could raise up to $896 million with its initial public offering. There will be 32 million shares sold between $27 and $28, which could lead the company to a valuation of up to $7.2 billion. The ticker will be CRCL, with a debut expected on the NYSE later this week.
With a revenue of $1.7 billion and a net profit of $155 million in 2024, Circle enters the market showing strength and solidity.
This IPO represents a milestone: the bridge between the world of stablecoins and the traditional financial system is being officially built. More than just a simple listing, it is a clear signal that Wall Street is taking tokenization seriously.
It is a decisive moment for the crypto market and for institutional confidence in the new digital economy.