Get a deep dive into Circle's $31 IPO price and valuation ($8.1B fully diluted), covering investor demand for the investment.

Circle's CRCL stock debuted on the NYSE on June 5 when it opened at $69, more than 124% higher than the IPO price of $31. The CRCL stock hit a record high of $138.57 on 9 June as the news of ETF filings flew in. However, the stock closed at $ 107.10 on 10 June, a 7% drop in a day.

Circle ( CRCL, Financials ), the issuer of USDC, saw its shares jump 245% in its debut weekan explosive public market entrance that could set off a wave of crypto IPOs, according to a new report from Bybit.

Circle, the issuer of the stablecoin USDC, successfully raised approximately $1.1 billion in an upsized initial public offering (IPO),

Wall Street ETF issuers didn’t waste a second after Circle Internet Group Inc. launched its IPO last Thursday, according to Bloomberg. Within hours of the

Circle Internet Group, an issuer of stablecoins, is expected to debut on the NYSE this week in a highly anticipated IPO and stock listing.

Circle Internet said on Monday it was targeting a valuation of up to $7.2 billion on a fully diluted basis in its upsized U.S. initial public offering, underscoring growing momentum in the stablecoin market.

During an April interview, Tether CEO Paolo Ardoino unloaded on competitor Circle and its big Wall Street plans.

Circle amended its registration with the U.S. SEC for its IPO, raising its target price range and seeking a valuation of up to US$7.2 billion.