Circle has increased the size and price of its initial public offering (IPO), signaling strong investor interest in owning a stake in the USDC stablecoin issuer. According to a SEC filing, the company now plans to offer 32 million shares priced between $27 and $28 per share, up from the previously planned 24 million shares at a range of $24 to $26 each. This revised IPO could raise as much as $896 million for Circle, granting it a market capitalization of nearly $6.2 billion after factoring in employee stock options, restricted share units, and warrants. The increased demand has led to strong interest from institutional investors like ARK Investment Management (with potential investments reaching $150 million) and BlackRock Inc., which plans to acquire roughly 10% of the IPO shares.