Everything You Need to Know in 1 Minute
The post Everything You Need to Know in 1 Minute appeared on BitcoinEthereumNews.com. Circle, the issuer of U.S.-backed stablecoin USDC, made a splash with its IPO on June 5, 2025. Here’s everything you need to know in just one minute of reading. IPO Highlights & Market Perception Circle offered 34 million shares at $31 each, raising $1.05 billion — one of the largest fintech IPOs since Coinbase in 2021. Trading on NYSE under ticker “CRCL” opened at $69, peaked at around $104, and closed at $83.23 on June 4 — a blistering 168%+ first‑day gain. On June 10, it’s $115 at the premarket. Circle (CRCL) shares price | Source: Yahoo Finance It recorded the biggest two-day IPO pop since 1980 relative to its IPO price. SBI Group Commits $50 Million Tokyo-based SBI Holdings and its subsidiary SBI Shinsei Bank invested $50 million in Circle’s stock — $25 million each — soon after the IPO. SBI aims to leverage its investment to expand USDC’s footprint in Japan’s emerging digital assets market. Ripple Partner SBI Holdings & SBI Shinsei Bank Invest $50M in Circle, USDC Issuer, Post-NYSE Listing to Boost Digital Asset Adoption in Japan pic.twitter.com/UWfbeGeVF8 —
The post Everything You Need to Know in 1 Minute appeared on BitcoinEthereumNews.com.
Circle, the issuer of U.S.-backed stablecoin USDC, made a splash with its IPO on June 5, 2025. Here’s everything you need to know in just one minute of reading. IPO Highlights & Market Perception Circle offered 34 million shares at $31 each, raising $1.05 billion — one of the largest fintech IPOs since Coinbase in 2021. Trading on NYSE under ticker “CRCL” opened at $69, peaked at around $104, and closed at $83.23 on June 4 — a blistering 168%+ first‑day gain. On June 10, it’s $115 at the premarket. Circle (CRCL) shares price | Source: Yahoo Finance It recorded the biggest two-day IPO pop since 1980 relative to its IPO price. SBI Group Commits $50 Million Tokyo-based SBI Holdings and its subsidiary SBI Shinsei Bank invested $50 million in Circle’s stock — $25 million each — soon after the IPO. SBI aims to leverage its investment to expand USDC’s footprint in Japan’s emerging digital assets market. Ripple Partner SBI Holdings & SBI Shinsei Bank Invest $50M in Circle, USDC Issuer, Post-NYSE Listing to Boost Digital Asset Adoption in Japan pic.twitter.com/UWfbeGeVF8 —
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