#CircleIPO
Circle Internet Group, the issuer of the USDC stablecoin, launched a highly successful IPO on June 5, 2025, raising $1.1 billion by offering 34 million shares at $31 each. The stock opened at $69 and closed at $83.23, marking a 168% increase and valuing the company at approximately $18.4 billion .
This IPO underscores growing investor confidence in stablecoins and digital assets. Circle's USDC has facilitated over $25 trillion in transactions since its inception, with $6 trillion in Q1 2025 alone . The company's strong financials, including a Q1 net income of $64.79 million on $578.57 million in revenue, highlight its significant role in the fintech space .
Circle's public debut is expected to pave the way for other crypto firms considering IPOs, signaling a broader trend of cryptocurrency legitimization and adoption in traditional financial markets .