4 IPO Listings In 7 Months
Illustration of Nasdaq and Bitcoin logos.
Circle, the issuer of USD Coin (USDC), debuted on the NYSE today by raising $1.05 billion at $31 per share, valuing the company at roughly $8 billion. The IPO exceeded expectations and was one of the largest crypto-related listings since Coinbase in 2021. It signals a significant shift: crypto firms, especially those dealing in infrastructure or stablecoins, are now being viewed as more “institutionally safe” than speculative assets. Circle’s CEO, Jeremy Allaire emphasized in his X account that going public promotes transparency and trust – essential ingredients for bridging crypto and traditional finance.
Crypto related IPOs.
