Circle IPO Delivers 4x Return to Sigil Fund, Exceeding Expectations

Sigil Fund achieved a significant return on its investment in Circle ahead of its successful IPO. The firm invested $5 billion pre-IPO and witnessed a 4x return within a year, highlighting the strong performance of USDC and the broader stablecoin market. Sigil attributes this success to Circle’s ability to create a clear path for exposure to stablecoins, bridging traditional finance and DeFi.