Circle Targets $7.2B Valuation in Expanded IPO—Wall Street Bites
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Stablecoin giant Circle isn’t just dipping a toe in the public markets—it’s cannonballing. The upsized IPO now eyes a $7.2 billion valuation, proving even crypto-adjacent firms can seduce traditional investors when the hype machine’s cranked to eleven.
Behind the scenes: Institutional demand’s reportedly strong enough to make a VC blush. Funny how a few regulatory nods and a bull market can turn ’risky bet’ into ’must-have exposure.’
The punchline? Watch bankers take their cut while retail waits for crumbs. Some things never change—even in decentralized finance.
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