#CircleIPO Circle's initial public offering (IPO) has successfully concluded, with the company listing its stock on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL". Here are the key details:

Circle IPO Highlights

- *IPO Date*: June 5, 2025

- *IPO Price*: $31 per share, above the expected range of $27-$28

- *Shares Offered*: 34 million shares, with 15.1 million new shares issued by Circle and 19.2 million shares sold by existing shareholders

- *Capital Raised*: Approximately $1.05 billion

- *Valuation*: Around $7.1 billion, with a fully diluted valuation of $8.1 billion

Performance and Reception

- The IPO was massively oversubscribed, indicating strong investor demand

- Circle's stock is expected to have a strong debut, with some predictions suggesting a 55-61% surge above the IPO price

- The company's financials show significant revenue growth, with $1.68 billion in revenue and reserve income in 2024

About Circle

- Circle Internet Group is a Boston-based financial technology startup behind the USDC stablecoin

- USDC is the second-largest stablecoin by market capitalization, with over $61 billion in circulation

- Circle's mission is to promote economic growth, reduce poverty, and improve financial stability through its digital currency services ¹ ² ³