Circle strives for the IPO (IPO) to USD 7.2 billion
Circle Internet Group, the publisher of the second largest stable coin USDC, has significantly increased its planned listed listing in the USA.
The company is now planning to take up to $ 896 million by selling 32 million shares at a price between $ 27 and 28 each. This corresponds to an assessment of up to 7.2 billion USD on a fully diluted basis. The shares are to be traded under the Tickecker CRCL at the New York Stock Exchange this week, as from a report by Bloomberg emerges.
Financial indicators and market position
In the first quarter of 2025, Circle achieved sales of $ 578.6 million and a profit of $ 64.8 million, which corresponds to a significant increase compared to the previous year. The majority of the income comes from interest income on the reserves that secure the StableCoin USDC. However, sales and transaction costs also rose by 68.2%, which strains the margins.
USDC If the second largest stable coin with a market capitalization of around $ 61 billion is currently, but is behind the market leader Tether (USDT) with $ 153 billion. Circle works closely with partners such as Coinbase, Blackrock and Fidelity to promote the spread of USDC.
Regulatory environment and outlook
The increase in the IPO reflects the increased interest of institutional investors to crypto companies, in particular under the current US government, which takes up a friendly attitude towards digital assets. An upcoming one Law to regulate stablecoins Could further increase the acceptance of USDC and offer circle additional growth opportunities.
Circle's IPO is considered a litmus test for the trust of institutional investors to the crypto industry. If the IPO is successful, this could also pave the way to the stock exchange for other crypto companies such as Ripple, Kraken or Consenys. Analysts see a key to market acceptance, especially in the combination of regulated StableCoin infrastructure and classic financial indicators. Circle could thus become the first major “crypto share”, which acts as a bridge between Blockchain and Wall Street.
