• TEXT= DATE: 20.06.2025 TransferMole  |  IDO  | Blockchain Service
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  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Circle IPO surge

Circle IPO surge shocks Wall Street with record-breaking debut gains

https://icn.live/wp-content/uploads/2025/06/circle-ipo-boom.mp3
  • by ICN.live
Amira Khalil

Circle IPO surge shocked the market as CRCL shares soared during their New York Stock Exchange debut.

Within 30 minutes of launching, the stock spiked to $103.75, triggering multiple volatility halts. That’s a 234% rise from its IPO price of $31. The offering raised over $1 billion by selling 34 million shares, including 14.8 million directly from Circle. CEO Jeremy Allaire and other early investors sold an additional 19.2 million.

Traders watched in awe as the stock paused multiple times under the exchange’s limit-up/limit-down mechanism. This system is designed to prevent erratic swings, which were rampant during Circle’s fiery start.

Circle IPO surge takes the market by storm

Bitwise strategist Juan Leon noted that Circle’s debut ranked second among all IPOs in the past year. CRCL stock was trading around $83.98 as of press time, still up over 150% from its $31 opening. Wall Street hadn’t seen a performance like this in months, especially in the blockchain and crypto finance space.

The explosive start also lifted Circle’s market cap beyond $70 billion. Early backers who held on until listing day saw historic gains. The excitement around Circle’s role in the stablecoin ecosystem further fueled demand.

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Wall Street bets big on Circle IPO surge

JPMorgan Chase, Citigroup, and Goldman Sachs led the pricing efforts. The final offer price was set at $31—$3 above the anticipated range. This valued the company at $21 billion based on listed shares and around $26 billion fully diluted.

Such numbers highlight investor confidence in Circle’s revenue model, especially its role in issuing USDC stablecoins. The IPO surge reflects broader excitement about the fusion of crypto and mainstream finance.

Circle IPO surge signals crypto’s Wall Street moment

The event may mark a turning point for crypto companies eyeing public listings. Circle’s NYSE debut proves that institutional appetite for crypto exposure is heating up. With traditional banks backing the IPO and mainstream investors piling in, CRCL might inspire a wave of similar listings in 2025.

It also raises questions: Can Circle maintain this momentum? Will other crypto firms see the same demand?

Only time will tell. For now, the Circle IPO surge is rewriting the playbook on blockchain finance going public.

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What caused the Circle IPO surge?

The Circle IPO surge was driven by high investor demand, strong backing from traditional banks, and excitement around Circle’s central role in the stablecoin market. The $31 IPO price was already above expectations, and the stock quickly skyrocketed to $103.75. The listing raised over $1 billion, and multiple volatility halts indicated frenzied trading activity. Investors are betting on Circle’s dominance in USDC issuance and its position at the intersection of traditional finance and blockchain innovation.

What is Circle’s role in the crypto ecosystem?

Circle is best known for issuing the USDC stablecoin, which is pegged to the U.S. dollar and widely used in decentralized finance (DeFi) and crypto transactions. It provides trust and liquidity in crypto markets. The company partners with major financial institutions and aims to bridge crypto with real-world finance. This utility has made Circle a key infrastructure player in the blockchain space, drawing attention from both investors and regulators.

How did banks participate in Circle’s IPO?

Major banks like JPMorgan Chase, Citigroup, and Goldman Sachs helped underwrite and price the Circle IPO. They set the price at $31 per share, which exceeded the initially expected range of $27 to $28. Their involvement signaled growing institutional acceptance of crypto-native companies. This also attracted mainstream investors, boosting confidence and fueling the massive surge in CRCL stock on its debut.

Will other crypto firms follow Circle’s lead?

Circle’s blockbuster IPO could pave the way for more crypto firms to go public. Its success demonstrates that institutional investors are increasingly open to blockchain-based business models. Other companies involved in DeFi, crypto gaming, and blockchain infrastructure may now pursue IPOs to access capital markets. The Circle IPO surge is more than a one-off—it’s a signal that Wall Street is embracing crypto like never before.

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