US EditionStablecoin Issuer Circle Targets $7.2 Billion Valuation in Upsized US IPO
- Circle, a New York-based issuer of the USDC stablecoin, plans an upsized IPO targeting a $7.2 billion valuation in early June 2025 in the United States.
- The IPO, initially filed on April 1 but postponed due to economic uncertainty linked to the US tariff disputes, comes after Circle declined a $4 billion offer it considered insufficient.
- Circle plans to increase its share offering to 32 million, with prices set between $27 and $28 per share, rising from the initial plan of 24 million shares at $24 to $26; notable investors such as BlackRock and Ark Invest have expressed interest.
- Circle's reserve income grew 55.1% in the first quarter of 2025, and its USDC stablecoin has a $60 billion market cap amid a $248 billion stablecoin market gaining institutional attention.
- The IPO and regulatory progress signal growing institutional adoption and potential multi-trillion-dollar growth in stablecoins, with experts forecasting market caps exceeding $3 trillion by 2030.
30 Articles
30 Articles
USDC Stablecoin Issuer Circle Eyes $7.2B Valuation in Upsized IPO
Circle, the issuer of the USDC stablecoin, is aiming for a fully diluted valuation of up to $7.2 billion in its upcoming initial public offering, according to a Monday filing with the Securities and Exchange Commission (SEC).The company now plans to offer up to 32 million shares priced between $27 and $28 each, up from 24 million shares at $24 to $26 when it first filed in May. The move suggests investor interest in Circle’s business is growing,…
Stablecoin issuer Circle targets $7.2 billion valuation in upsized US IPO
Crypto firm Circle Internet said on Monday it was targeting a valuation of up to $7.2 billion on a fully diluted basis in its upsized initial public offering in the United States, underscoring growing momentum in the stablecoin market.The upsized IPO indicates strong investor appetite for crypto firms under U
Wall Street’s next trillion dollar market could grow 10 times by 2030, analysts say
Wall Street firms are now betting that stablecoins will grow more than tenfold by 2030, hitting between $3 trillion and $4 trillion, according to a report from Citizens JMP Securities. The current market cap sits at $225 billion, but firms like Wells Fargo, Citigroup, and others are watching the spa...
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