Stablecoin giant Circle again boosts IPO to $1.05 billion
USDC issuer Circle has again upsized its initial public offering above the marketed range, selling 34 million shares at $31 each.
Update (June 5, 12:50 am UTC): This article has been updated to include more information about Circles’ IPO.
Stablecoin issuer Circle Internet Group, Inc. has again boosted its initial public offering to $1.05 billion, pricing its shares above its previous marketed range.
The USDC (USDC) stablecoin manager said on June 4 that it will now look to offer 34 million shares at a price of $31 each when it debuts on the New York Stock Exchange on June 5.
