Circle IPO Fuels Strong TradFi Demand, Price Poised for Surpass

Circle’s Initial Public Offering (IPO) has been met with overwhelming demand from traditional finance (TradFi) institutions. The strong interest from established players is driving the market price to potentially exceed the range of $27-$28 suggested in the initial offering. This surge in demand, fueled by over 25 times greater investor interest than offered shares, suggests Circle may price its IPO above the expected range.