Circle Launches IPO on NYSE, Raising $624 Million

Circle, a major player in the cryptocurrency space, officially debuted its initial public offering (IPO) on the New York Stock Exchange (NYSE) today, May 27, 2025. The company, known for its USDC stablecoin, launched with an offering of 24 million shares at a price range between $24 and $26 per share. This move signifies Circle’s expansion into traditional finance markets, potentially reshaping the landscape of cryptocurrency infrastructure in public markets.