{"id":30317,"date":"2025-06-05T06:01:47","date_gmt":"2025-06-05T06:01:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30317"},"modified":"2025-06-05T06:01:47","modified_gmt":"2025-06-05T06:01:47","slug":"circle-cashes-in-big-with-1-1b-ipo-ahead-of-nyse-debut","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30317","title":{"rendered":"Circle Cashes In Big With $1.1B IPO Ahead of NYSE Debut"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Circle, the company behind the USDC stablecoin, just pulled off one of the most talked-about IPOs of the year. <\/span><span data-preserver-spaces=\"true\">Priced at $31 per share, Circle\u2019s public debut wasn\u2019t just <\/span><span data-preserver-spaces=\"true\">solid,<\/span><span data-preserver-spaces=\"true\"> it blew past the expected range of $27 to $29, <\/span><span data-preserver-spaces=\"true\">and<\/span><span data-preserver-spaces=\"true\"> the Circle IPO raised over $<\/span><span data-preserver-spaces=\"true\">1.1<\/span><span data-preserver-spaces=\"true\"> billion.<\/span> <span data-preserver-spaces=\"true\">The company is now valued at around $6.9 billion based on <\/span><span data-preserver-spaces=\"true\">shares<\/span><span data-preserver-spaces=\"true\"> outstanding, and that number could climb to $8.1 billion once <\/span><span data-preserver-spaces=\"true\">everything\u2019s<\/span><span data-preserver-spaces=\"true\"> fully diluted.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This isn\u2019t just a moment for Circle. It\u2019s a moment for crypto companies trying to prove they belong in traditional financial markets.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Wait, What Exactly Does <\/span><span data-preserver-spaces=\"true\">Circle<\/span><span data-preserver-spaces=\"true\"> Do?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Let\u2019s break it down. Circle runs USDC, a stablecoin that <\/span><span data-preserver-spaces=\"true\">mirrors<\/span><span data-preserver-spaces=\"true\"> the U.S. dollar. If you\u2019ve sent crypto, used DeFi apps, or dabbled in NFTs, chances are you\u2019ve used USDC without even realizing it. <\/span><span data-preserver-spaces=\"true\">It\u2019s designed to <\/span><span data-preserver-spaces=\"true\">keep<\/span><span data-preserver-spaces=\"true\"> a stable value while <\/span><span data-preserver-spaces=\"true\">letting<\/span><span data-preserver-spaces=\"true\"> people transact across blockchains in seconds.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24CRCL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$CRCL<\/a>: First stablecoin on NYSE analysis<\/p>\n<p>1. Circle is a leveraged &#8220;uninsured money market fund&#8221;: Profits are dependent on US T-bill spreads. IPO priced at $27-28\/share, with ARK and BlackRock interested in investing 10%, said to be over 25x oversubscribed.<\/p>\n<p>2. Two major cost\u2026 <a href=\"https:\/\/t.co\/76u7BPtAC2\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/76u7BPtAC2<\/a><\/p>\n<p>\u2014 Rui (@ruiixyz) <a href=\"https:\/\/twitter.com\/ruiixyz\/status\/1930386144216396176?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">June 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Circle<\/span><span data-preserver-spaces=\"true\"> is also behind EURC, which is pegged to the euro. These digital dollars and euros are becoming a core part of how money moves in the modern <\/span><span data-preserver-spaces=\"true\">internet<\/span><span data-preserver-spaces=\"true\"> economy. <\/span><span data-preserver-spaces=\"true\">Unlike volatile <\/span><span data-preserver-spaces=\"true\">coins<\/span><span data-preserver-spaces=\"true\"> like Bitcoin or Ethereum, USDC is <\/span><span data-preserver-spaces=\"true\">meant<\/span><span data-preserver-spaces=\"true\"> to feel like cash but with the speed of the internet.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Circle by the Numbers<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Circle isn\u2019t just making headlines. It\u2019s making serious money. In 2024, the company generated about $1.76 billion in revenue, booked $779 million in operating <\/span><span data-preserver-spaces=\"true\">income,<\/span><span data-preserver-spaces=\"true\"> and pulled in $155 million in actual profit. That\u2019s not fantasy internet money, that\u2019s real cash flow.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Circle <a href=\"https:\/\/twitter.com\/search?q=%24CRCL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$CRCL<\/a> raised $1.1 Billion in an upsized IPO offering with its shares priced at $31 per share above the $27-$28 marketed range<\/p>\n<p>Circle stock will begin trading in the middle of the day tomorrow<\/p>\n<p>\u2014 Evan (@StockMKTNewz) <a href=\"https:\/\/twitter.com\/StockMKTNewz\/status\/1930378583337279963?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">June 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Even more impressive is <\/span><span data-preserver-spaces=\"true\">how much<\/span><span data-preserver-spaces=\"true\"> activity Circle sees on-chain. By March 2025, USDC had been used for over $25 trillion worth of transactions. That\u2019s not a typo. That\u2019s <\/span><span data-preserver-spaces=\"true\">trillion<\/span><span data-preserver-spaces=\"true\"> with a T. It shows how deeply USDC is embedded into the daily operations of crypto platforms, payment services, and institutional transfers.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best High-Risk, High-Reward Crypto to Buy in May 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Why This IPO Actually Matters<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">This isn\u2019t just a company cashing out. It\u2019s a signal that crypto firms can grow up, go legit, and enter the public markets the old-fashioned way. <\/span><span data-preserver-spaces=\"true\">Circle <\/span><span data-preserver-spaces=\"true\">tried going<\/span><span data-preserver-spaces=\"true\"> public through a SPAC deal in 2022, but <\/span><span data-preserver-spaces=\"true\">that<\/span><span data-preserver-spaces=\"true\"> fell apart when the market <\/span><span data-preserver-spaces=\"true\">went<\/span><span data-preserver-spaces=\"true\"> sideways <\/span><span data-preserver-spaces=\"true\">and<\/span><span data-preserver-spaces=\"true\"> regulators <\/span><span data-preserver-spaces=\"true\">got cold feet<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> This time, Circle did <\/span><span data-preserver-spaces=\"true\">it<\/span><span data-preserver-spaces=\"true\"> the classic route and found plenty of buyers.<\/span><\/p>\n<p><strong><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_684131b02da78\" data-coin-id=\"btc-bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_684131b02da78-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_684131b02da78-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_684131b02da78-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_684131b02da78-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_684131b02da78-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_684131b02da78-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_684131b02da78-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_684131b02da78-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_684131b02da78-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_684131b02da78-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_684131b02da78-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_684131b02da78-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">And timing? Pretty ideal. Trump is back in office, <\/span><span data-preserver-spaces=\"true\">and<\/span><span data-preserver-spaces=\"true\"> pro-crypto voices are gaining steam in Congress. <\/span><span data-preserver-spaces=\"true\">Bills like the GENIUS Act <\/span><span data-preserver-spaces=\"true\">are aiming<\/span><span data-preserver-spaces=\"true\"> to regulate stablecoins in a way that <\/span><span data-preserver-spaces=\"true\">lets<\/span><span data-preserver-spaces=\"true\"> trusted players like Circle thrive.<\/span><span data-preserver-spaces=\"true\"> If the rules become more favorable, Circle could see a surge in business.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Are More Crypto IPOs Coming?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">That\u2019s the bet. If Circle\u2019s launch goes smoothly, it could inspire others to follow. <\/span><span data-preserver-spaces=\"true\">With the Circle IPO now complete, other crypto firms may feel more confident <\/span><span data-preserver-spaces=\"true\">pursuing listings of<\/span><span data-preserver-spaces=\"true\"> their own.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Companies like Ledger, Kraken, and <\/span><span data-preserver-spaces=\"true\">even<\/span><span data-preserver-spaces=\"true\"> ConsenSys have <\/span><span data-preserver-spaces=\"true\">flirted with<\/span><span data-preserver-spaces=\"true\"> the idea of going public.<\/span><span data-preserver-spaces=\"true\"> Now that Circle is walking the walk, it might be easier for the next wave to step up.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Final Word<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Circle\u2019s IPO isn\u2019t just about stock tickers and share prices. It\u2019s a window into how crypto is settling into the real world. No longer the loud outsider, Circle is showing what it looks like when a blockchain-based company plays by Wall Street\u2019s <\/span><span data-preserver-spaces=\"true\">rules,<\/span><span data-preserver-spaces=\"true\"> and wins.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Circle raised over $1.1 billion in its IPO, pricing shares at $31 and exceeding expectations to reach a $6.9 billion valuation.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The company operates USDC and EURC, two major fiat-backed stablecoins used across DeFi, NFTs, and institutional payments.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Circle posted $1.76 billion in 2024 revenue with $779 million in operating income, proving its real-world financial strength.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        USDC has processed over $25 trillion in transactions, making it one of the most widely used assets in crypto infrastructure.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Circle\u2019s successful IPO may pave the way for other crypto firms like Kraken and ConsenSys to go public through traditional markets.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/adoption\/circle-cashes-in-big-with-1-1b-ipo-ahead-of-nyse-debut\/\">Circle Cashes In Big With $1.1B IPO Ahead of NYSE Debut<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Circle, the company behind the USDC stablecoin, just pulled off one of the most talked-about IPOs of the year. Priced at $31 per share, Circle\u2019s public debut wasn\u2019t just solid, it blew past the expected range of $27 to $29, and the Circle IPO raised over $1.1 billion. The company is now valued at around [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30317","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30317"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30317\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}