#CircleIPO On June 5, 2025, Circle Internet Group, the issuer of the USDC stablecoin, successfully debuted on the New York Stock Exchange under the ticker symbol CRCL. The company raised approximately $1.1 billion by selling 34 million shares at $31 each, surpassing its initial price expectations and achieving a valuation of around $6.9 billion, with a fully diluted valuation nearing $8 billion.  

This IPO marks one of the most significant crypto-related public offerings since Coinbase’s 2021 debut, highlighting growing institutional interest in stablecoins and crypto infrastructure. Circle plans to utilize the proceeds to expand USDC’s adoption and strengthen its position in the global payments market.  

The offering was underwritten by major financial institutions, including J.P. Morgan, Citigroup, and Goldman Sachs. Circle’s public listing reflects the increasing legitimacy of the crypto industry and investor confidence in digital currency platforms.