Circle Internet Group Inc and some of its shareholders raised nearly US$1.1bil in an upsized initial public offering (IPO), according to a person familiar with the matter, pricing its shares above ...

Circle, best known as the issuer of USDC—a dollar-pegged stablecoin with a market cap exceeding $30 billion—priced its IPO above its expected range amid growing interest in regulated ...

Shares of Circle Internet Group soared 168% on Thursday after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial public offering. The stock opened at $69 ...

Circle Internet Group (CRCL) and some of its backers reportedly pulled in $1.1B in an upsized initial public offering as the stablecoin issuer priced its shares above the marketed range.

Circle Internet Group priced its shares at $31 for its highly anticipated initial public offering, well above the company’s estimated range of between $27 and $28, the company said late Wednesday.

Circle Internet Group may price its IPO above the $27–$28 range after overwhelming demand from investors, according to a report from Bloomberg. The stablecoin issuer received orders for more ...

Circle, the issuer of one of the biggest stablecoins, priced its IPO at $31per share, above its expected range and giving it a market value of $6.8 billion.