Circle IPO Upsized: Expanding to 32 Million Shares & $7.2 Billion Valuation

Circle, the issuer of USDC stablecoin, has bolstered its Initial Public Offering (IPO) by increasing the share offering to 32 million shares, with a price range of $27-$28 each. This new size aims to raise up to $7.2 billion on the New York Stock Exchange, reflecting investor confidence in Circle’s stablecoin business. Circle aims to become a publicly traded company, further aligning itself with transparency and accountability measures.