Circle stock up 250% since IPO, rising from $8B to over $25B in valuation.
USDC and CCTP V2 integrated into Sam Altman’s World Chain.
Ark Invest’s $373M Circle stake gains 40% in under a week.
Circle stock (CRCL) extended its post-IPO rally this week, rising another 15% following the integration of its USDC stablecoin and Cross-Chain Transfer Protocol V2 into Sam Altman’s World Chain. The continued surge has taken Circle’s valuation from $8 billion at its IPO to more than $25 billion within days. This sharp growth has placed the stock among the top-performing crypto-related equities on Wall Street since its debut.
CRCL Gains Momentum After IPO, Fuelled by Institutional Interest
CRCL has posted more than 250% gains since it was listed on the New York Stock Exchange. On its debut, Circle stock opened at $31 and tripled in value on the same day. Ark Invest, led by Cathie Wood, disclosed a $373 million position in Circle during the IPO week. This investment has already appreciated by 40%.
Alongside Circle, other crypto-linked companies like CoreWeave and eToro have seen positive stock movement, highlighting growing investor appetite for blockchain and digital finance firms.
The broader impact of Circle’s IPO has extended beyond individual stock performance. Its successful public listing has driven renewed momentum for crypto-related stocks, contributing to rising confidence in the digital asset sector.
Circle's debut timing has sparked comparisons to past cycles, such as the 2017 ICO boom, with traditional financial institutions now showing a deeper engagement with crypto firms.
USDC Integration Enhances World Chain Functionality
The latest driver behind Circle’s stock performance is the strategic partnership with World Chain, a blockchain identity project backed by Sam Altman. The integration introduces native USDC issuance on the World Chain network, replacing bridged assets while retaining the same smart contract addresses. This adjustment is designed to ensure that existing developers and users experience no disruption in workflow or compatibility.
Moreover, the partnership extends to the deployment of Circle’s Cross-Chain Transfer Protocol V2, which allows for nearly instant transfers of USDC between supported blockchains. The new protocol also features programmable Hooks that automate actions when funds arrive. This development aims to improve both liquidity and interoperability across blockchain systems while offering a secure infrastructure for developers and institutions using USDC.
IPO Success Encourages Additional Crypto Filings
The rise in CRCL has led more cryptocurrency companies to begin preparations for their public market debuts. Gemini has completed its S-1 registration submission to the U.S. Securities and Exchange Commission as a first step towards public market participation.
Experts in the financial sector believe Circle's successful public listing might pave the way for other crypto companies to enter public markets while prompting mainstream investors to embrace cryptocurrency more widely. Circle’s rise is shaping current market dynamics in crypto equities, as its stock momentum and protocol adoption fuel confidence among both institutional and retail investors.
