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Circle Internet Group Expands IPO to 12.8M Shares at $27–$28

This shift responds to heightened investor appetite under new stablecoin regulations

A view shows the New York Stock Exchange (NYSE) Wall Street entrance in New York City, U.S., April 7, 2025. REUTERS/Kylie Cooper/File Photo
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Breaking Push circle USDC stablecoins stocks dollar stablecoins circle ipo

Overview

  • The company increased its planned Class A offering from 9.6 million shares at $24–$26 to 12.8 million shares at $27–$28 per share.
  • Selling stockholders will bring an additional 19.2 million shares to market, up from a previous 14.4 million-share allocation.
  • The IPO will trade on the New York Stock Exchange under the ticker CRCL following SEC approval.
  • Circle’s USDC stablecoin holds a market capitalization of nearly $61 billion, ranking seventh among cryptocurrencies.
  • Funds raised are intended to support expansion of Circle’s Payments Network and capitalize on its stablecoin’s market position.