Circle Completes IPO on NYSE, Raising $1.1 Billion

Circle’s shares (CRCL) skyrocketed to $103.75 shortly after debuting on the NYSE, marking a 234% increase from its IPO price of $31. The company raised over $1 billion by selling 34 million shares, with trading volatility leading to multiple halts. The market cap briefly surpassed $70 billion, highlighting strong demand for crypto-related investments.

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