Circle Expands IPO to 32 Million Shares, Raising Up to $896M

Circle Internet Financial has increased its initial public offering (IPO) size, aiming to raise up to $896 million from a revised share offer. Initially planning 24 million shares at $24-$26, the company is now launching 32 million shares priced between $27 and $28, potentially valuing Circle at $7.2 billion. This decision reflects robust market demand for stablecoin investments.