Circle Makes History: IPO Listings on the NYSE

Circle Internet Group, the company behind USD Coin (USDC), a leading stablecoin, has officially filed for an Initial Public Offering (IPO) and will be listed on the New York Stock Exchange (NYSE). This listing is under the symbol “CRCL”. 24 million Class A shares are being offered. The IPO price range is $24-$26 per share, with a potential value of up to $624 million at the high end if allocated accordingly. The move comes as Circle seeks to solidify its position in traditional financial markets and enhance transparency amid increased regulatory oversight over stablecoins.