USDC issuer Circle, which made its whirlwind of a New York Stock Exchange debut yesterday, has already topped the high it set on Thursday.
Around 1pm ET on Friday, CRCL reached a high of $123.51—just 49 cents shy of fully quadrupling its IPO price. The stock is already trading 44% higher than its $83.23 close at a current price just shy of $120. It’s a strong follow after the company tripled its $31 IPO price on its opening day.
As of this writing, the company has reached an intraday market capitalization of $21.7 billion after closing the books on its IPO round with an $18.4 billion valuation.
CRCL’s continued rise on Friday comes as Bitcoin bounced back above the $105,000 mark in morning trading, after briefly diving below…
Jun 07 2025
