June 4 (Reuters) - Circle Internet on Wednesday priced

its upsized U.S. initial public offering at $31 apiece raising

$1.05 billion, adding fresh momentum to a growing pipeline of

late-stage cryptocurrency firms eyeing public markets.

Circle and its shareholders sold 34 million shares at $31

apiece, valuing the company, which issues the USDC stablecoin,

at roughly $8 billion on a fully diluted basis. The IPO had been

marketed in a range of $27 to $28 per share.

The company's flotation would be one of the biggest of the

year after the Trump administration's trade policies rattled

markets and pushed firms planning to go public to adopt a

wait-and-see approach.

However, market debuts of companies such as Israeli fintech

eToro have offered some respite to investors tracking

fresh public offerings.