
IPOs
Circle's IPO: How a Stablecoin Issuer Priced Itself Public
William ElliottCircle priced at $31 in June 2025, above its raised range — then more than doubled on day one, and spent the rest of the year proving the float could hold.
Public listings from confidential filing to first earnings call.

Circle priced at $31 in June 2025, above its raised range — then more than doubled on day one, and spent the rest of the year proving the float could hold.