- Circle and shareholders increased IPO size to 32 million shares.
- Price range adjusted to $27–$28 per share.
- Potential valuation exceeds $6 billion.

Circle Internet Financial upsized its initial public offering (IPO) to 32 million shares on June 2, 2025, increasing the price range to $27–$28 per share, potentially raising up to $896 million at a valuation exceeding $6 billion.
Circle’s IPO expansion signifies growing investor demand and aligns with favorable regulatory conditions. This move likely encourages institutional participation in stablecoins, reinforcing support for the digital finance sector.
Circle Internet Financial, a key player in digital assets, increased its IPO offering. Originally set at 24 million shares, the company and shareholders expanded to 32 million shares. This raises Circle’s potential proceeds to $896 million, with the valuation now topping $6 billion.
Led by J.P. Morgan, Citigroup, and Goldman Sachs, Circle’s heightened IPO reflects a positive market outlook and substantial institutional interest. Changes signal an evolution in crypto finance perception, aligning with recent regulatory shifts and favorable policies.
Circle’s move is impacting the crypto industry, as it could spur notable interest in stablecoins. USDC issuer’s actions highlight confidence in regulated digital assets. Market participants are seeing potential for increased adoption and integration into the financial system.
This expansion aligns with previous attempts to list publicly. It is comparable to Coinbase’s 2021 direct listing, influencing crypto markets. Historical trends indicate potential benefits for associated assets, including USDC, which may see heightened focus as Circle’s key innovation.
“Circle and its shareholders have increased the IPO size from 24 million shares to 32 million shares, raised the price range from $24 to $26 per share to $27 to $28 per share, and raised a maximum of $896 million, with a valuation of over $6 billion.” — Wu Blockchain, Industry Commentator, Twitter, June 2, 2025
Circle’s decision reflects strategic alignment with institutional and regulatory developments. The IPO is expected to strengthen Circle’s position in fintech and crypto markets. The outcome could enhance investors’ confidence in stablecoins, fostering broader acceptance and utilization.