#CircleIPO Circle Internet Financial, the issuer of the USDC stablecoin, launched its initial public offering (IPO) on the New York Stock Exchange under the ticker "CRCL" on June 5, 2025. The company offered 34 million Class A shares at $31.00 each, raising approximately $1.054 billion, with a valuation of up to $7.2 billion on a fully diluted basis. This followed an initial plan to sell 24 million shares at $24–$26 each, targeting up to $624 million at a $5.65–$6.71 billion valuation. The upsized offering reflects strong investor demand, with reports indicating the IPO was 25 times oversubscribed.