Circle Ipo Crcl 2025 event
Overview
Circle Internet Group, the issuer of the USDC stablecoin, completed its initial public offering in June 2025. It priced an upsized offering of 34 million Class A shares at $31.00 each on June 4, 2025, above the expected range, and the stock began trading on the New York Stock Exchange under the ticker CRCL on June 5, 2025. Shares opened at $69 and closed the first day at $83.23, up about 168%, one of the strongest IPO debuts of the year and a landmark listing for a crypto-native company.
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Frequently asked questions
When and at what price did Circle go public?
Circle priced its upsized IPO of 34 million Class A shares at $31.00 per share on June 4, 2025, and the shares began trading on the NYSE on June 5, 2025 under the ticker CRCL.
How did the stock perform on day one?
Shares opened at $69, traded as high as around $100, and closed at $83.23 — a gain of roughly 168% over the $31 IPO price.
What does Circle do?
Circle, led by CEO Jeremy Allaire, is the issuer of USD Coin (USDC), one of the largest dollar stablecoins, and is one of the longest-established companies in the crypto industry.
Sources
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