Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    K Wave Media Boosts Bitcoin Reserves, Shares Surge 130%

    K Wave Media Plans Bitcoin Acquisition, Stock Surges 130%

    K Wave Media’s Stock Soars Amid Bitcoin Investment Plan

    K Wave Media to Acquire Bitcoin in New Strategy

    Michael Saylor Initiates Sale of Bitcoin-Themed Ties

    Trump’s Bill Sparks Bitcoin Enthusiasm Among Economists

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    SEC Delays Decision on Canary’s Litecoin ETF Proposal

    SEC Delays Decision on Canary Spot Litecoin ETF

    SEC Postpones Decision on Canary’s Litecoin ETF Proposal

    SEC Postpones Decision on Canary Spot SUI ETF

    Cardano CEO Meets Franklin Templeton on Blockchain Strategy

    Dogecoin’s Bearish Pattern Indicates Upcoming 15% Price Drop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Circle Upsizes IPO to 32 Million Shares at $28 Each

Adriana M. by Adriana M.
June 2, 2025
in Altcoin News
Key Points:
  • Circle IPO upsized to 32 million shares, aiming $7.2 billion valuation.
  • USDC issuer targets increased transparency and market presence.
  • Circle’s move signals confidence in stablecoin market growth.
circle-upsizes-ipo-to-32-million-shares-at-28-each
Circle Upsizes IPO to 32 Million Shares at $28 Each

Circle, issuer of the USDC stablecoin, has increased its IPO to 32 million shares at $27–$28 each, seeking a valuation of up to $7.2 billion on the New York Stock Exchange.

Circle’s expanded IPO highlights investor confidence in its stablecoin business, with implications for market transparency and stablecoin regulation.

Circle has announced an increase in its public offering, originally set at 24 million shares. The new offer involves 32 million shares priced between $27 and $28 each. Circle’s valuation target now stands at up to $7.2 billion. The company, led by CEO Jeremy Allaire, aims to strengthen its market presence. This move allows Circle to operate on the New York Stock Exchange, aligning with its goal for greater transparency. As Jeremy Allaire stated, “For Circle, becoming a publicly traded corporation on the New York Stock Exchange is a continuation of our desire to operate with the greatest transparency and accountability possible.” Circle will sell 12.8 million shares, with current stockholders offering 19.2 million.

The increased IPO size reflects strong investor interest, with Circle seeking a market cap of around $6.31 billion. The firm expects net proceeds of approximately $319.6 million. Circle’s stablecoin, USDC, holds a market capitalization near $62 billion, second only to Tether.

This expansion impacts both investors and the broader crypto market, as it signifies confidence in Circle amidst evolving regulations. The increased offer also points to potential financial gains for existing shareholders if stock prices rise. Circle’s path to becoming a publicly traded company signals growing investor faith in the stablecoin industry and its regulation. Financial analysts closely observe this progression for market trends. Circle’s upsized IPO exemplifies the cryptocurrency market’s dynamic nature and solidifying confidence in its digital financial solutions.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Circle Upsizes IPO to 32 Million Shares

Next Post

NewGen Increases Solana Investment by $30 Million

Adriana M.

Adriana M.

Related Posts

SEC Delays Decision on Canary’s Litecoin ETF Proposal

by Solomon M.
June 5, 2025

SEC postpones decision on Canary's Litecoin ETF, market reacts with price shift.

SEC Delays Decision on Canary Spot Litecoin ETF

by Solomon M.
June 5, 2025

SEC delays decision on Canary Capital's spot Litecoin ETF as market reacts mildly.

SEC Postpones Decision on Canary’s Litecoin ETF Proposal

by Solomon M.
June 5, 2025

SEC delays Canary Capital's Litecoin ETF decision; crypto market reacts to regulatory uncertainty.

SEC Postpones Decision on Canary Spot SUI ETF

by Adriana M.
June 5, 2025

SEC delays ruling on Canary Capital's SUI ETF, impacting SUI and similar ETFs.

Cardano CEO Meets Franklin Templeton on Blockchain Strategy

by Joshua T.
June 5, 2025

Cardano CEO meets with Franklin Templeton, discussing blockchain expansion and Cardano node operations.

Dogecoin’s Bearish Pattern Indicates Upcoming 15% Price Drop

by Solomon M.
June 5, 2025

Dogecoin faces a predicted 15% drop due to bearish technical patterns, impacting market sentiment.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.