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Circle CFO Takes Post-IPO Victory Lap for Stablecoin, Company

  • Circle Internet Financial launched its shares publicly on June 4, 2025, raising $1.1 billion through its initial public offering with the ticker symbol CRCL at the NYSE.
  • The IPO followed an aborted 2022 SPAC deal and years of regulatory focus and growth, which positioned Circle as a leader in regulated stablecoins and transparency.
  • Circle issues USD Coin , a fully backed U.S. dollar-pegged stablecoin with a market cap near $61 billion, widely used in decentralized finance and institutional payments.
  • Circle priced shares at $31, above initial targets, attracting strong institutional demand including a 10% stake from BlackRock, with IPO interest reportedly 25 times oversubscribed.
  • The IPO enhances Circle's access to capital markets and regulatory oversight, symbolizing industry progress while highlighting ongoing challenges like regulatory competition and market volatility.
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Circle CEO Allaire on Going Public, Stablecoin Adoption

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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Doulitsa Press Release Submission broke the news in on Thursday, June 5, 2025.
Sources are mostly out of (0)