• 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 launch

Circle IPO launch brings $1.05B valuation boost and public market momentum

Tariq Al-Mansouri

Circle IPO launch is making headlines as the stablecoin issuer prepares for a major Wall Street debut.

The company behind USDC has increased its offering to $1.05 billion, pricing 34 million shares at $31 each. This move shows strong investor demand and rising confidence in crypto firms entering traditional markets.

Previously, Circle planned to offer 24 million shares at $24–$26. That was bumped to 32 million shares at $27–$28, and now finalized at 34 million for $31. The Circle IPO values the company at $6.9 billion, a bold signal to Wall Street that crypto is still hot—even amid volatile conditions.

Asset giant BlackRock reportedly plans to buy at least 10% of the shares. That alone speaks volumes. Institutional players are clearly eyeing Circle as a gateway into stablecoin infrastructure. The IPO’s success could pave the way for other crypto firms to follow suit.

BlackRock’s backing strengthens Circle

The company said it won’t pay dividends anytime soon. Instead, Circle wants to reinvest all earnings into product development, international expansion, and possible acquisitions. That long-term vision is appealing to investors betting on a more regulated and mature stablecoin ecosystem.

This isn’t Circle’s first try at going public. A 2021 SPAC deal failed, and its initial 2024 IPO plans were delayed after global market shocks from political announcements. But now, it’s charging ahead—and the timing looks smarter than ever. Crypto markets have stabilized, and investor appetite is returning.

The net proceeds from the Circle IPO are expected to hit $319 million under the previous pricing, with much of that marked for taxes, product innovation, and strategic moves. More liquidity and transparency could also bolster confidence in USDC, which currently sits just below its $1 peg.

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Circle IPO could reshape crypto’s presence on Wall Street

Circle’s public offering reflects a broader trend. Companies like eToro and Kraken are also exploring IPOs. BitGo launched new services ahead of its own rumored debut. All eyes are now on Circle to see if it can match or surpass Coinbase’s historic 2021 listing.

This move is more than just a stock market play—it’s a message. Stablecoins and their infrastructure are no longer niche tech. They’re evolving into mainstream financial instruments. With a successful Circle IPO, the crypto industry takes one big step closer to becoming a recognized force in traditional finance.

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What is the Circle IPO and why is it important?

The Circle IPO marks the public market debut of Circle Internet Group, the company behind the USDC stablecoin. It’s offering 34 million shares at $31 each, bringing in $1.05 billion and valuing the company at $6.9 billion. This is a significant moment because it reflects growing investor confidence in crypto infrastructure. Unlike speculative tokens, Circle represents the financial plumbing of the digital asset ecosystem. Its IPO not only highlights the relevance of stablecoins but also sets a potential precedent for other crypto firms entering traditional markets.

What will Circle do with the money raised from the IPO?

According to Circle’s SEC filing, the company won’t pay dividends. Instead, all funds will be reinvested into product development, expansion into new markets, and possible acquisitions. A significant portion—$111 million—will cover tax withholding and remittance obligations. The remaining capital will fuel growth in global operations, technological upgrades, and business partnerships. This signals that Circle is positioning itself as a long-term infrastructure player in the crypto space, rather than focusing on short-term shareholder payouts.

Who’s backing the Circle IPO?

One of the major players reportedly backing the Circle IPO is BlackRock, which is planning to acquire at least 10% of the public shares. This kind of institutional involvement is a strong indicator of how mainstream finance is starting to take crypto infrastructure seriously. BlackRock’s interest gives credibility to Circle’s mission and suggests that the future of stablecoins may be deeply integrated into traditional financial systems. Other underwriters are also involved, further legitimizing the offering.

How does the Circle IPO compare to other crypto public offerings?

The Circle IPO follows in the footsteps of major players like Coinbase, which went public in 2021. But Circle’s focus is different—it’s not a trading platform, it’s an infrastructure provider. The IPO also reflects a broader industry trend, with companies like eToro increasing their IPO sizes and Kraken exploring a public offering. Circle’s IPO stands out due to its upsized value and institutional support. If successful, it could set a benchmark for how crypto firms transition into public market entities with robust financial and compliance strategies.

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