Stablecoin Firm Circle's IPO Raises $1.1 Billion In Upsized Deal

Jeremy Allaire, chief executive officer of Circle Internet Financial Ltd., center, rings the opening bell on the floor of the New York Stock Exchange (NYSE) during the Circle initial public offering (IPO) in New York, US, on Thursday, June 5, 2025. Circle Internet Group Inc. and some of its shareholders raised nearly $1.1 billion in an upsized initial public offering that was priced above a marketed range, in a sign that stablecoin issuers are winning greater acceptance. Photographer: Michael Nagle/Bloomberg via Getty Images

Stablecoin Firm Circle's IPO Raises $1.1 Billion In Upsized Deal
Jeremy Allaire, chief executive officer of Circle Internet Financial Ltd., center, rings the opening bell on the floor of the New York Stock Exchange (NYSE) during the Circle initial public offering (IPO) in New York, US, on Thursday, June 5, 2025. Circle Internet Group Inc. and some of its shareholders raised nearly $1.1 billion in an upsized initial public offering that was priced above a marketed range, in a sign that stablecoin issuers are winning greater acceptance. Photographer: Michael Nagle/Bloomberg via Getty Images
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