Circle Internet Group is making a bold entrance into public markets, increasing its IPO target to $1.05 billion after strong investor interest.
The stablecoin giant priced its shares at $31—above its earlier $27-$28 range—and will now offer 34 million shares in its NYSE debut.
This marks the second upward revision from Circle’s initial plan of 24 million shares at $24-$26. The latest pricing gives the company a $6.9 billion valuation.
With no dividends planned, Circle will focus on growth, while BlackRock is reportedly preparing to take a major stake post-listing.
