Circle prices upsized IPO above target range
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Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest income becomes less reliable?
XRP trades at $2.25 as Ripple CEO Brad Garlinghouse denies a $10 billion Circle bid. With RLUSD expanding, XRP price predictions turn bullish for June 2025.
BENGALURU] CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding fresh momentum to a growing pipeline of late-stage cryptocurrency firms eyeing public markets.
Crypto mania is back. And Circle Internet Group, a leader in the world of stablecoins, is hoping to benefit from the rebound. Circle, which plans to list 32 million shares on the New York Stock Exchange Thursday under the ticker symbol CRCL,
The collaboration will power atomic settlement of tokenized stocks, bonds and funds on 21X’s regulated trading platform.
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