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Circle Internet Group, the company behind the USDC stablecoin, made a big splash by officially joining the New York Stock Exchange (NYSE) on June 5, 2025. Trading under the ticker symbol CRCL, Circle’s debut marks a major milestone for the crypto industry.
Strong IPO Performance
Circle priced its initial public offering (IPO) at $31 per share, which was above the expected range of $27 to $28. The company sold 14.8 million shares, while existing shareholders sold 19.2 million shares, totaling 34 million shares offered. This raised roughly $1.05 to $1.1 billion.
On its first trading day, Circle’s stock opened at $69, more than double the IPO price. The price soared to a peak of $103.75 before closing around $82 to $83. This means investors saw a gain of about 167% by the end of the day.
Read More : https://onthenode.com/news/circle-joins-nyse-a-new-era-for-stablecoins-and-crypto-firms
Strong IPO Performance
Circle priced its initial public offering (IPO) at $31 per share, which was above the expected range of $27 to $28. The company sold 14.8 million shares, while existing shareholders sold 19.2 million shares, totaling 34 million shares offered. This raised roughly $1.05 to $1.1 billion.
On its first trading day, Circle’s stock opened at $69, more than double the IPO price. The price soared to a peak of $103.75 before closing around $82 to $83. This means investors saw a gain of about 167% by the end of the day.
Read More : https://onthenode.com/news/circle-joins-nyse-a-new-era-for-stablecoins-and-crypto-firms
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