Circle Surges To $69 In NYSE Debut, Raising $1.1B As Investors Bet On Stablecoins Going Mainstream
Posted On June 5, 2025
Circle (CRYPTO: USDC) made a powerful entrance onto the New York Stock Exchange on Thursday, with shares of the stablecoin issuer (NYSE:CRCL) opening at $69, more than double its $31 IPO price.
The company raised approximately $1.1 billion through the sale of 34 million shares, securing a valuation of $6.9 billion and marking a major milestone after a previously unsuccessful public listing attempt via SPAC in 2021.
The timing of Circle’s debut comes amid broader market uncertainty.
As earnings …
About The Author
