Circle Makes Market Debut: Raises $1.05 Billion On NYSE with Strong Investor Demand

Circle officially listed its shares on the New York Stock Exchange (NYSE) this week, raising a remarkable $1.05 billion in a massive initial public offering (IPO). The company priced its stock at $31 per share, selling 34 million shares to investors who demanded more than initially anticipated. With increased investor interest exceeding target expectations, the IPO saw Circle exceed its initial plans of selling 24 million shares at prices ranging from $24-$26, eventually expanding to 32 million and then 34 million before market opening.