With $31 IPO Price Tag, Circle Secures $6.9 Billion Valuation in Public Market Debut

Circle Makes Public Market Debut at $31 Per Share, Valued at $6.9B Amid Regulatory Tailwinds

Circle has officially entered the public markets, pricing its IPO at $31 per share and landing a valuation of $6.9 billion—marking a major milestone for one of crypto’s most prominent stablecoin issuers.

The offering, which totaled around 34 million shares, priced above the initial $24–$26 guidance range, underscoring strong investor demand. Shares will begin trading Thursday on the New York Stock Exchange under the ticker CRCL.

This IPO follows Circle’s long journey to go public, after a previously planned SPAC deal collapsed in late 2022. Now, the company enters the public spotlight at a time when stablecoins are increasingly seen as the gateway for integrating digital assets with traditional finance.

Circle’s USD Coin (USDC) remains a dominant player in the stablecoin market, used across crypto exchanges, payment platforms, and DeFi protocols. As lawmakers in Washington accelerate efforts to regulate the sector, Circle’s IPO could position it as a first mover in compliance-forward digital finance.

Speaking on the regulatory outlook, Senator Bill Hagerty said on Wednesday that there’s “broad momentum” behind stablecoin legislation requiring issuers to maintain full backing in U.S. Treasuries and cash, calling it essential to consumer protection and market integrity.

For Circle, going public is not just a liquidity event—it’s a strategic leap into the financial mainstream, as crypto infrastructure firms seek to win long-term trust from investors, institutions, and regulators alike.