#CircleIPO
Circle, the issuer of the USDC stablecoin, has finally gone public. The IPO took place on June 5, 2025, on the New York Stock Exchange under the ticker CRCL. The company raised $1.1 billion by selling 34 million shares at $31 each, giving it a valuation of around $8 billion considering all options.
The demand was insane — bids exceeded the supply by 25 times. Institutions like ARK Investment and BlackRock were buying shares like hotcakes.
For newcomers to crypto trading, this may seem like something distant. But in reality, it is an important signal. When companies like Circle enter traditional markets, it indicates that crypto is becoming part of the mainstream. This could lead to greater stability and transparency in the industry.