#CircleIPO What an important piece of news for the world of cryptocurrencies! Circle, the company behind the famous stablecoin USDC, has just achieved something truly impressive. They closed their Initial Public Offering (IPO) and raised over a billion dollars! Imagine, after adjusting their funding target several times upwards, they set the price of their shares at $31! This exceeded all initial expectations.

This IPO, which values the company at an impressive $8 billion, is a key moment for the entire crypto sector and, indeed, for the IPO market in general. The demand for Circle's shares was brutal, with an oversubscription of 25 times. This demonstrates the enormous interest from large investors in cryptocurrency companies that, like Circle, are well-regulated and already established.