#CircleIPO

Circle Sukses IPO, Stock Soars 230% on First Trading Day 

Circle Internet Group, the issuer of the USDC stablecoin, officially went public on the New York Stock Exchange (NYSE) on June 5, 2025, under the stock code "CRCL". The company successfully raised $1.05 billion through the sale of 34 million shares priced at $31 each, making it one of the largest IPOs in the crypto sector this year.  

In its trading debut, Circle's stock soared to 230%, reaching a price of $103.75, before ultimately closing at $94.87. This increase reflects the high interest of investors in stable and regulated crypto infrastructure companies. 

Circle, founded in 2013, manages USDC—the second-largest stablecoin after Tether—with a market capitalization of approximately $60 billion. The company generates revenue from interest on reserves backing USDC, such as cash and short-term U.S. government bonds.  

This IPO marks a significant step for crypto adoption in traditional markets, demonstrating that stablecoins are beginning to gain legitimacy on Wall Street.