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The company priced shares at $31 per share, or a roughly $6.8 billion valuation. However, once hitting the open market, shares of Circle jumped to $69 and at one point topped $103 per share.
DUBAI, UAE, June 10, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, features Circle's successful initial public offering (IPO) in the latest ...
The enterprise Software-as-a-Service (SaaS) sector, a vital part of modern business infrastructure, is navigating a complex ...
In Asia, Japan -0.8%. Hong Kong -0.2%. China +0.3%. India +0.6%. In Europe, at midday, London +0.6%. Paris +1.3%. Frankfurt ...
Circle Internet Financial, a leading U.S. crypto firm that issues the stablecoin USD Coin, filed long-anticipated paperwork for an initial public offering on Tuesday. The 225-page financial ...
Wall Street brokerages had mixed recommendations on stablecoin issuer Circle Internet Group as they began coverage on Monday, with some analysts expressing concerns about its elevated valuation ...
Circle Internet Group's IPO offers 24 million Class A shares, expected to be priced $24-$26, with NYSE listing under "CRCL." Goldman Sachs among lead bookrunners.
Circle is reportedly seeking a valuation between $4 billion and $5 billion for its IPO, a sharp drop from the $9 billion valuation it reached during its SPAC attempt.
Circle debuted this month at $69 per share in the first major IPO by a stablecoin issuer. The blockbuster flotation represents the biggest crypto listing since Coinbase's 2021 debut.