Circle IPO Soars Above Expectations, Valued at $6.8 B Post-IPO
Circle Internet Group, the issuer of the widely used stablecoin USD Coin (USDC), has defied expectations by pricing its initial public offering (IPO) well above the forecasted range. On Wednesday, the company settled at $31 per share, surpassing the $27–28 range predicted earlier in the week. This pricing puts Circle’s primary market valuation around $6.8 billion, and approaches $8 billion on a fully […]