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News

Circle Shares Surge in Monster Public Debut

Shares surged 200% in early trading to bring Circle's market cap to over $18B.
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Jun 5, 20251 min read

Circle’s IPO sees its shares soar nearly 200%, reinforcing the growing appetite for blockchain-native companies in traditional finance.

What’s the Scoop?

  • Monster Debut: Circle shares surged nearly 200% after its IPO, reaching over $90 per share, well above its $31 IPO price.
  • Market Enthusiasm: Trading was so intense that it briefly triggered a halt on the New York Stock Exchange around midday.
  • USDC and Regulatory Advantage: Circle's USDC, the second-largest stablecoin, benefited from its U.S.-based regulatory position amidst growing digital asset markets.

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