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)