Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Crypto News

Circle Upsizes NYSE IPO to $1.05B — Here’s What Investors Should Watch

by
June 5, 2025
in Crypto News
0
Circle Upsizes NYSE IPO to $1.05B — Here’s What Investors Should Watch
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Circle Internet Financial, the company behind the USDC stablecoin, has priced its initial public offering at $31 per share, raising $1.05b in one of the largest US listings this year.

The upsized deal, confirmed late Wednesday, will see Circle begin trading Thursday on the New York Stock Exchange under the ticker symbol CRCL.

The Boston-based firm, co-founded by CEO Jeremy Allaire in 2013, sold 34m shares in total, with 14.8m coming from the company and 19.2m from existing shareholders.

Demand was robust, with the offering reportedly more than 25 times oversubscribed by the time books closed on Tuesday. The pricing gives Circle a valuation of $6.9b based on listed shares, and around $8.1b fully diluted.

Circle Sees Strong Fundamentals as USDC Use Grows Across Payments and Trading

Circle’s debut comes as investor appetite for crypto-adjacent stocks shows renewed strength, following a year in which the company generated $1.68b in revenue and reserve income.

While net income fell to $156m from $268m the year before, the firm’s fundamentals remain strong, bolstered by the growing use of USDC in digital payments and crypto trading.

USDC is the second-largest stablecoin globally, with more than $61b in circulation as of May 29. It currently accounts for about 29% of the stablecoin market, according to CoinMarketCap.

Circle also issues a euro-backed stablecoin, EURC, and provides infrastructure and payment tools to businesses integrating digital currencies.

Circle Secures BlackRock, ARK Interest as IPO Marks Shift in Digital Asset Adoption

Major investors signaled confidence in the offering. ARK Invest showed interest in purchasing up to $150m in shares, while BlackRock is expected to acquire roughly 10% of the IPO allocation. BlackRock also manages the Circle Reserve Fund, a government money market fund holding 90% of USDC’s reserves, valued at $53.3b as of this week.

BlackRock is reportedly planning to purchase around 10% of the shares offered in @Circle upcoming IPO according to a Bloomberg report.#USDC #Circle https://t.co/yabSKAOV47

— Cryptonews.com (@cryptonews) May 28, 2025

The offering marks a significant step in Circle’s long-awaited journey to the public markets. The firm previously abandoned a SPAC merger in 2022 that would have valued it at $9n. After confidentially refiling for a traditional IPO earlier this year, Circle has now succeeded in making one of the largest crypto-linked listings since Coinbase’s debut in 2021.

As regulatory clarity improves under President Donald Trump’s administration and institutional demand for digital assets accelerates, Circle’s IPO positions it at the intersection of crypto innovation and traditional finance. With Wall Street backing and a solid balance sheet, the firm enters the public markets under bright lights and high expectations.

The post Circle Upsizes NYSE IPO to $1.05B — Here’s What Investors Should Watch appeared first on Cryptonews.

Previous Post

Trump orders Attorney General to investigate Biden’s autopen use amid cognitive decline concerns

Next Post

Scoping Study Demonstrates Low Cost Potential (Replacement)

Next Post
Scoping Study Demonstrates Low Cost Potential (Replacement)

Scoping Study Demonstrates Low Cost Potential (Replacement)

  • Trending
  • Comments
  • Latest
Pepe Price Climbs 43% With Only 21 Days Left to Buy MIND of Pepe Cheap, Nearly $9m Raised 

Pepe Price Climbs 43% With Only 21 Days Left to Buy MIND of Pepe Cheap, Nearly $9m Raised 

May 9, 2025
Bitcoin Price Prediction: At $103,688 BTC Shows Unstoppable Weekly Growth of 7.6% – Could We See a New All-Time High Before June?

Bitcoin Price Prediction: At $103,688 BTC Shows Unstoppable Weekly Growth of 7.6% – Could We See a New All-Time High Before June?

May 10, 2025
Murchison South Increases to 67koz Gold Across Two Pits

Murchison South Increases to 67koz Gold Across Two Pits

May 13, 2025
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 8, 2025
US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

June 6, 2025
Bitcoin Price Prediction: Trump’s Truth Social Files for BTC ETF – How Quickly Can BTC Hit $200,000?

Bitcoin Price Prediction: Trump’s Truth Social Files for BTC ETF – How Quickly Can BTC Hit $200,000?

June 6, 2025
Elon Musk may speak to Trump aides in push to calm feud

Elon Musk may speak to Trump aides in push to calm feud

June 6, 2025
Which Crypto Aggregator Platforms to Watch in 2025?

Which Crypto Aggregator Platforms to Watch in 2025?

June 6, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

    US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

    June 6, 2025
    Bitcoin Price Prediction: Trump’s Truth Social Files for BTC ETF – How Quickly Can BTC Hit $200,000?

    Bitcoin Price Prediction: Trump’s Truth Social Files for BTC ETF – How Quickly Can BTC Hit $200,000?

    June 6, 2025
    Elon Musk may speak to Trump aides in push to calm feud

    Elon Musk may speak to Trump aides in push to calm feud

    June 6, 2025
    Which Crypto Aggregator Platforms to Watch in 2025?

    Which Crypto Aggregator Platforms to Watch in 2025?

    June 6, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved