Circle Inc. Expands IPO Amid Surging Investor Demand – Coincu

Key Points:

  • Circle increases IPO size to 32 million shares, raising $880 million.
  • Strong investor demand prompts IPO price rise to $27-$28 each.
  • BlackRock reveals plans to acquire 10% stake in Circle.

Circle Internet Group Inc. has boosted its initial public offering size to 32 million shares at a price range of $27 to $28 per share. This adjustment reflects increased investor interest.

The upward revision of Circle’s IPO terms indicates significant demand, raising an estimated $880 million and valuing the company at approximately $5.43 billion.

Circle’s IPO Raised to 32 Million Shares on Strong Demand

Circle Internet Group Inc., renowned for the USDC stablecoin, is expanding its IPO to 32 million shares priced between $27 to $28. This marks a substantial change from the previous 24 million shares at $24 to $26. J.P. Morgan, Citigroup, and Goldman Sachs, among others, are managing the process.

This enhanced demand may strengthen USDC’s market position, emphasizing investor confidence. Notably, BlackRock’s intended 10% stake accentuates strong institutional support.

“Circle’s IPO upsize and higher price range underscore strong investor appetite for regulated crypto infrastructure and stablecoin products.” — Jeremy Allaire, CEO, Circle Internet Group, Inc.

Circle’s IPO: A First for Stablecoin Issuers in the US

Did you know? Circle’s IPO marks the first major stablecoin issuer listing on a US exchange, setting a precedent for cryptocurrency regulation.

According to CoinMarketCap, USDC’s market cap stands at $61.07 billion, representing a 1.86% market dominance. Its 24-hour trading volume surged to $9.37 billion, reflecting a 37.91% increase. USDC remains stable with minimal price fluctuations over the past 90 days.

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USDC(USDC), daily chart, screenshot on CoinMarketCap at 20:24 UTC on June 2, 2025. Source: CoinMarketCap

Coincu Research Team notes that Circle’s IPO enhances financial transparency and regulatory compliance, reinforcing USDC’s appeal. This move sets a benchmark for future stablecoin issuer listings, potentially leading to broader adoption and integration within DeFi ecosystems.

Source: https://coincu.com/341246-circle-increases-ipo-size-price/