TechFlow, June 5 — According to CoinDesk, stablecoin issuer Circle completed its IPO on the New York Stock Exchange at $31 per share, exceeding the initial price range of $24–$26, raising $1.1 billion with a valuation reaching $6.2 billion. The stock, under the ticker "CRCL", will begin trading on Thursday. Originally planning to issue 24 million shares, the offering was expanded to over 34 million due to strong demand. Circle issues USDC, the second-largest stablecoin in the U.S., and its listing comes as U.S. lawmakers advance stablecoin regulatory legislation.
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