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🔥 Circle IPO Oversubscribed by 25 Times! FDV Reaches $8.1 Billion! Going Public Tonight $CRCL
The second-largest stablecoin issuer <@circle> priced at $31 per share, raising $1.1 billion, with an FDV valuation of $8.1 billion! Opening at 10 PM tonight 👀!
This is expected to be the largest Crypto IPO in 2025, with <@BlackRock> anticipated to acquire 10% of the shares!
Why is it attracting so much market attention? Continue reading 👇🧵
#Circle #IPO #USDC

Cointelegraph
@Cointelegraph
06-05
🚨 JUST IN: Circle IPO hits $1.1 billion in expanded offering as stablecoin issuer sells 34 million shares at $31 each, exceeding original $896 million target with potential market value of $6.9 billion, per Bloomberg.


📘 Further reading: What is USDC? Why can it become the second largest stablecoin? Is it safer than USDT?
bit.ly/circle-usdc

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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