#CircleIPO : The Spring of Crypto Lands on the New York Stock Exchange!🌐

On June 5, 2025, USDC (the world's second-largest stablecoin) issuer Circle finally went public on the New York Stock Exchange under the ticker symbol CRCL, triggering a real crypto frenzy. The IPO was priced at $31 per share, but due to extremely high demand, the stock price soared to $103 on the first day, with trading being halted multiple times due to excessive volatility. The closing price was $83.23, a gain of 168%, with a market cap exceeding $16 billion!

The company and its investors raised a total of $1.1 billion, with subscribers including Cathie Wood's Ark Invest and BlackRock. This is the largest IPO in the crypto industry since Coinbase went public and the first large stablecoin issuer to go public.

Circle CEO Jeremy Allaire emphasized that this success is attributed to the company's transparency and cooperation with regulators—now, Circle has joined the elite ranks of crypto-listed companies in the U.S.

#CircleIPO is not just an IPO; it marks a new phase of cryptocurrency integrating into the global financial system. Who will be next?🚀