Backed by Accel, Breyer Capital, and General Catalyst, Circle’s stock opened strong, then exploded. Now it’s up six times its IPO price, sitting on a $42 billion market cap.

The thing is, yes, everyone expects the stablecoin market to continue to grow. But that doesn’t necessarily mean Circle’s business is going to justify the 4x it just pulled off in its IPO.

The stablecoin company’s shares rose in premarket trading after revenue beat Wall Street estimates ...

Circle and some existing investors raised $1.05 billion in an upsized IPO by selling 34 million shares at $31 apiece, above the marketed range of $27 to $28 each.

Circle: IPO Boomed, But Doesn't Match Valuation Jul. 04, 2025 8:04 AM ET Circle Internet Group, Inc. (CRCL) Stock CRCL 7 Comments Multiplo Invest 1.62K Follower s ...

IPO activity post-pandemic has fluctuated significantly. But the tide has shifted positively over the last year, with exciting companies such as NVIDIA-backed CoreWeave and Circle debuting.

Circle's IPO in early June was met with booming success from the market. Stablecoins are a major source of innovation in the payments space. Investor Alert: Our 10 best stocks to buy right now › ...

Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 ...

This IPO marks a milestone for Circle after a failed SPAC attempt in 2021. The listing comes amid broader market caution, with many firms issuing conservative guidance as earnings season ends.

At its IPO price of $31 a share, Circle's market capitalization would be about $7 billion based on 225.34 million shares outstanding, if underwriters exercised their option to buy additional shares.

Since its IPO earlier this month, shares of Circle have risen by 50% as of this writing. Similarly, Chime stock popped by almost 40% in its public market debut.