US EditionCircle Announces Closing of the Full Exercise of Greenshoe Option Granted in the Initial Public Offering
- Circle Internet Group went public on Thursday, June 5, 2025, debuting on the NYSE under ticker CRCL with shares priced at $31.
- The IPO followed a previous failed SPAC attempt in 2021 and occurred amid cautious market conditions and growing regulatory clarity around stablecoins.
- Circle’s shares soared 168% on debut day to open at $69, reflecting surging investor interest in its USDC stablecoin and raising approximately $1.1 billion.
- Jim Cramer described USDC as a “more sanitized, less-sketchy version” of stablecoins, praised Circle's transparency, but advised patience saying "you'll get a better buying opportunity."
- Circle’s IPO marked a milestone signaling stablecoins’ deeper integration into global finance, with firms like Uber considering stablecoins to reduce international payment costs.
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Circle (CRCL) Stock Surges After Successful IPO Debut: What's Going On? - Circle Internet Group (NYSE:CRCL)
USDC stablecoin issuer Circle Internet Group made a powerful and successful public stock debut. The listing is seen as a key step for integrating stablecoins into the global financial system.
·New York, United States
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