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Circle’s CRCL Listing Beats Estimates Before NYSE Debut

Circle’s CRCL Listing Beats Estimates Before NYSE Debut

Published:
2025-06-05 09:18:02
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Circle, the stablecoin issuer, has raised $1.1 billion in its public offering, surpassing its $896 million target. The company priced its shares at $31, above the initial marketing range, signaling strong investor demand ahead of its NYSE debut under the symbol CRCL.

The oversubscribed offering highlights growing institutional confidence in cryptocurrency-adjacent businesses. Circle's USDC stablecoin, the second-largest by market capitalization, has become critical infrastructure for crypto markets and decentralized finance.

|Square

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