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Circle’s $1.3B Power Play: 10 Million Class A Shares Hit Market at $130 Apiece
Circle’s $1.3B Power Play: 10 Million Class A Shares Hit Market at $130 Apiece
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Wall Street meets Web3 as stablecoin giant Circle makes its move.
The USD backer just fired the starting gun on a massive capital raise—10 million Class A shares priced at $130 each. That’s a cool $1.3 billion up for grabs.
Why this matters: This isn’t just another IPO. It’s a bet that institutional money’s finally ready to swallow crypto whole—minus the volatility, of course.
The fine print: No mention of whether these shares come with a free stablecoin printer. But at $130 a pop, investors better hope Circle’s math is as stable as their USDC.
Bottom line: When TradFi and crypto shake hands, somebody’s getting a deal—and somebody’s holding the bag.
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