The USDC issuer Circle has officially gone public on the New York Stock Exchange.

robot
Abstract generation in progress

BlockBeats News: On June 5, USDC issuer Circle has been officially listed on the New York Stock Exchange (NYSE), CEO Jeremy Allaire said, "Our mission is to elevate global economic growth through frictionless value exchange, which is an important milestone in the irreversible integration of the global economic system and the Internet." Stablecoin issuer Circle completed its IPO on the New York Stock Exchange at $31 per share, beating its original pricing range of $24-26, raising $1.1 billion and valuing it at $6.2 billion. The ticker symbol is "CRCL" and trading will begin today. The IPO was originally planned to issue 24 million shares, but it expanded to more than 34 million shares due to a surge in demand. USDC, issued by Circle, is the second-largest dollar stablecoin, and its listing comes at a time when U.S. lawmakers are pushing for a stablecoin regulatory bill.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)