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Circle, shareholders aim to raise $896 million in upsized US IPO
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Circle, shareholders aim to raise $896 million in upsized US IPO
Jun 2, 2025 4:37 AM

June 2 (Reuters) - Circle Internet and some of its

existing shareholders are aiming to raise as much as $896

million in an upsized initial public offering in the United

States, the stablecoin giant said on Monday.

New York-based Circle and some existing investors are now

offering 32 million shares priced between $27 and $28 apiece.

This compares with the $624 million expected in proceeds at

the top of the previously disclosed offering of 24 million

shares priced between $24 and $26 apiece.

Circle will list on the New York Stock Exchange under the

symbol "CRCL". J.P. Morgan, Citigroup and Goldman Sachs are the

lead underwriters for the offering.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by

Shinjini Ganguli)

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