Circle IPO Launch Defies Ripple Coinbase Rumors

Circle Internet Group Launches IPO on NYSE

• Circle Internet Group is issuing an initial public offering (IPO) of 24 million shares.
• The company’s Class A common stock will be listed on the NYSE under the ticker symbol ‘CRCL’.
• 9.6 million shares are offered by Circle, with 14.4 million by selling stockholders.
• The expected price range for the shares is between $24.00 and $26.00 each.
• Circle has granted underwriters a 30-day option to purchase up to an additional 3.6 million shares.

Circle Internet Group, known for issuing the USDC stablecoin, is launching an IPO with plans to list its Class A common stock on the NYSE under ‘CRCL’, offering a total of 24 million shares priced between $24.00 and $26.00 each.