• About Us
  • Careers
  • Contact
No Result
View All Result
Friday, June 6, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Circle Raises IPO Price to $31 Per Share, Targeting $1.05 Billion Ahead of NYSE Debut

5 June 2025
in Crypto, News
Reading Time: 3 mins read
103 5
Home News Crypto

Circle Internet Group Inc., the issuer behind the USDC stablecoin, has once again increased the size and pricing of its upcoming public offering, now aiming to raise approximately $1.05 billion as it prepares to list on the New York Stock Exchange (NYSE) today.

The fintech firm announced on June 4 that it will offer 34 million shares at $31 apiece, a notable jump from its previously revised plan of 32 million shares priced between $27 and $28. This latest valuation push places Circle at a market capitalization of roughly $6.9 billion, based on over 220 million outstanding shares disclosed in a June 2 Securities and Exchange Commission (SEC) filing.

Source: DefiLlama

Underwriters have also been granted a 30-day option to purchase an additional 5.1 million shares, giving Circle room to raise even more capital if demand surges post-debut.

Circle, the operator of the second-largest stablecoin by market cap, has stated that it will not pay dividends, choosing instead to reinvest proceeds into product development, global expansion, and potential acquisitions. From earlier projections, $319 million in net proceeds were expected when shares were priced at $27, part of which would go towards $111 million in tax-related obligations.

 

Asset management behemoth BlackRock is reportedly gearing up to acquire at least 10% of Circle’s shares during the IPO, signaling strong institutional confidence in the crypto-native company.

Circle initially filed for its IPO on April 1 but paused shortly after due to a sharp market downturn triggered by former President Donald Trump’s April 2 tariff announcements. This isn’t Circle’s first attempt to go public; the company’s 2021 plans to list via a merger with an Irish holding company ultimately collapsed.

Circle’s debut joins a recent wave of crypto companies returning to the public markets. Trading platform eToro expanded its May IPO from $500 million to $620 million, and industry players like Kraken and BitGo are reportedly eyeing listings later this year. The firm follows in the footsteps of Coinbase, which in 2021 became the first major U.S. crypto company to go public via a direct listing on Nasdaq.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: CircleNYSE
Share63Tweet39Share11
Previous Post

Crypto Regulation Hits a Wall in Congress as Trump Ties Raise Ethics Concerns

Next Post

Ethereum Foundation Unveils New Treasury Strategy Amid Critical 18-Month Roadmap

Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

Related Posts

source: themoscowtimes.com
Crime

Ukrainian Police Arrest Man for Large-Scale Cryptojacking Scheme

5 June 2025
source: sumsub.com
Crypto

Sumsub Unveils Travel Rule SDK to Ease Crypto Compliance, Slash Drop-Offs by 35%

5 June 2025
source: cryptorank.io
News

Global X launches Bitcoin Covered Call ETF (BCCC)

5 June 2025
source: m.economictimes.com
Crypto

Ethereum Mainnet Surges Back into DeFi Spotlight as Bots and Stablecoins Drive Record Activity

5 June 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Featured Posts

The Hidden Dangers of Holding Crypto in Exchanges

The Hidden Dangers of Holding Crypto in Exchanges

byOlajumoke Oyalekeand1 others
27 May 2025
0

Should We Put a Price on Everything? The Ethics of Tokenizing Human Actions

Should We Put a Price on Everything? The Ethics of Tokenizing Human Actions

byFaari Labinjo
27 May 2025
0

The Most Influential Figures in Crypto History and Their Impact

The Most Influential Figures in Crypto History and Their Impact

byBobby Okposin
14 May 2025
0

Are Layer 2 Solutions Enhancing Ethereum—or Killing it?

byOlayinka Sodiqand1 others
6 January 2025
0

Beginner’s Guide To Earning Passive Income In Crypto | DeFi Planet

Simple Ways To Earn Passive Income From Your Crypto

byArjun Chandand1 others
1 September 2021
0

Read More

Chain of Thoughts

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Is Tokenization All That It’s Cracked Up To Be?

Is Tokenization All That It’s Cracked Up To Be?

byOlu Omoyele
26 February 2025
0

...

Markets Update

Your Weekend Crypto Roundup | May 2025 (Week 5)

6 days ago

Your Weekend Crypto Roundup | May 2025 (Week 4)

2 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 3)

3 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 2)

4 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 1)

1 month ago

Your Weekend Crypto Roundup | April 2025 (Week 4)

1 month ago
Read More

Events

Crypto Valley Conference
Crypto Valley Conference
5 Jun 25
Risch-Rotkreuz

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Nibiru Launches ”Block Party” Aura Program to Reward Real DeFi Activity

bychainwire
5 June 2025
0

BYDFi and Ledger Launch Global Campaign with Limited BYDFi x Ledger Nano X

bychainwire
5 June 2025
0

$ZEUS Marking His Territory: Announcing An IP Collaboration with Original Zeus Artist and Trademark Holder

bychainwire
4 June 2025
0

Huma Joins the Global Dollar Network to Advance Stablecoin Adoption on Solana

bychainwire
4 June 2025
0

Zircuit Joins Binance Alpha: ZRC Airdrop & Trading Competition Go Live

bychainwire
3 June 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00