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Circle Seeking $7.2B Valuation in IPO

The stablecoin issuer is upgrading its ambitions for its public offering as it hopes to raise nearly $900 million.
Circle Seeking $7.2B Valuation in IPO
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Circle Circle is seeking a $7.2 billion valuation with an upsized IPO on the NYSE, showcasing significant confidence in the firm's growth potential.

What’s the Scoop?

  • Upsized Plans: Circle increased its IPO offering to 32 million shares, priced between $27 and $28, up from an initial 24 million shares at $24 to $26.
  • Valuation Target: At the upper end of the price range, Circle's post-IPO valuation would reach $7.2 billion.
  • Stock Details: Circle plans to list on the New York Stock Exchange under the ticker symbol CRCL.


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