Circle Ups IPO to $896 Million Amid Strong Demand

Cryptocurrency company Circle has significantly increased the size and price range of its Initial Public Offering (IPO) to $896 million, reflecting strong investor interest. This move follows a strategic pivot from a potential SPAC merger last year, opting for a traditional IPO instead. 💰 The updated offering, which will see up to 32 million shares priced between $27 and $28 per share, reflects increased confidence in the company’s future prospects.