#CircleIPO Circle Internet Group, the issuer of the USDC stablecoin, made a remarkable debut on the New York Stock Exchange under the ticker symbol *CRCL*. Priced at 31 per share, the stock surged over 16883.23 and valuing the company at approximately 18.36 billion. [1]
The IPO raised around1.1 billion through the sale of 34 million shares, marking one of the most significant public offerings in the crypto sector since Coinbase's 2021 listing. [2] Circle's flagship product, USDC, is the second-largest stablecoin with over 60 billion in circulation, facilitating more than25 trillion in on-chain transactions since its launch. [3]
This successful public offering underscores the growing integration of cryptocurrency firms into traditional financial markets and highlights investor confidence in the future of digital assets.