From Yahoo Finance: 2025-06-04 14:11:00

Stablecoin issuer Circle Internet Group’s IPO may price above its marketed range due to high demand, with orders exceeding available shares by 25 times. The company plans to sell 32 million shares at $27-$28 each, valuing the IPO at around $7.2 billion. Major investors like BlackRock and Ark Invest are participating, with allocations favoring long-term holders.

Investor interest in Circle’s IPO reflects strong demand for exposure to crypto firms amid regulatory changes. Circle, known for USDC stablecoin, is a key player in blockchain-based payments. AI tools assisted in parts of this news article for accuracy.



Read more at Yahoo Finance: Circle IPO Pricing Could Jump Above Range as Investor Orders Surge: Bloomberg