Circle IPO Targets $6.7B Valuation With 24M Shares Offered
Circle, the issuer of the USDC stablecoin, is aiming for a $6.7 billion valuation in its upcoming initial public offering. The company plans to offer 24 million shares, marking a significant milestone in the crypto industry’s maturation.
The MOVE signals growing institutional confidence in stablecoin operators as critical infrastructure for digital asset markets. Circle’s IPO could set a benchmark for other blockchain-focused firms considering public listings.