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Stablecoin Issuer Circle Internet Group Prices Upsized $1.05 Billion IPO
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Stablecoin Issuer Circle Internet Group Prices Upsized $1.05 Billion IPO
Jun 5, 2025 1:54 AM

04:38 AM EDT, 06/05/2025 (MT Newswires) -- Circle Internet Group ( CRCL ) , a global financial technology company that's behind the USDC stablecoin, said late Wednesday it priced an upsized initial public offering of 34 million class A common shares at $31 each.

Circle is offering 14.8 million of the shares, with the rest offered by certain selling stockholders.

The company said it has granted a 30-day overallotment option to the underwriters to acquire up to 5.1 million additional shares.

Circle expects its shares to start trading on the New York Stock Exchange under the ticker symbol CRCL Thursday, while the IPO is expected to close Friday.

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