Circle Makes Stellar NYSE Debut, Soaring Over 100% Above IPO Price
Circle Internet Group, the issuer of the USDC stablecoin, made a remarkable debut on the New York Stock Exchange (NYSE) under the ticker symbol CRCL, with its shares surging more than 100% above the initial public offering (IPO) price. The company priced its IPO at $31 per share, raising $1.1 billion by selling 34 million shares, surpassing its initial target of $896 million. On June 5, 2025, trading opened at $69, and by the time of publication, CRCL shares were trading at $88.88, reflecting a gain of approximately 187% from the IPO price. This explosive debut underscores growing investor confidence in the stablecoin sector and Circle’s pivotal role in bridging cryptocurrency with traditional finance.
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