Stablecoin Giant Circle Files for NYSE IPO, Will Trade Under Ticker CRCL

What to Know

• Circle Internet Group has filed for an IPO on the New York Stock Exchange.
• The firm is offering 24 million Class A shares, with 9.6 million from Circle and 14.4 million from stakeholders.
• Shares are expected to be priced between $24 and $26 and will trade under the ticker symbol CRCL.

Circle Internet Group, the company behind the popular USDC stablecoin, has filed for an initial public offering on the New York Stock Exchange. The move marks a major step for the crypto-native firm as it seeks to go public and become a more integrated part of traditional financial markets.

According to regulatory filings, Circle plans to offer 24 million shares of Class A common stock. Of these, 9.6 million shares will be issued by the company itself, while the remaining 14.4 million shares will come from existing shareholders. The offering is expected to be priced in a range between $24 and $26 per share.

Once listed, Circle’s shares will trade under the ticker symbol CRCL.

The IPO arrives amid increasing interest in tokenized assets and growing adoption of stablecoins within both crypto and traditional finance. Circle’s USDC is currently the second-largest stablecoin in circulation by market cap, widely used across decentralized finance (DeFi), centralized exchanges, payment platforms, and blockchain-based settlements.

Going public could provide Circle with greater financial flexibility, increased visibility, and improved access to capital markets. It also positions the firm to play a central role in the ongoing transformation of global finance, as governments and institutions continue to explore the use of digital dollars and blockchain-based money.

If successful, Circle’s IPO would be one of the most high-profile listings of a crypto-native company since Coinbase debuted in 2021. While market conditions for digital assets remain volatile, Circle’s strong ties to the U.S. dollar and its expanding role in payments could make it an attractive proposition for both institutional and retail investors.

The exact timing of the IPO has yet to be disclosed, but market watchers are keeping a close eye on how Circle’s offering performs, particularly as the regulatory environment for stablecoins and crypto-related securities continues to evolve in the United States.

Circle’s journey to the public market follows a previously attempted SPAC merger in 2021, which was eventually called off. This time, however, the company is opting for a traditional IPO route—an approach that signals confidence in both its financials and long-term business model.

With USDC serving as a vital link between fiat and digital economies, Circle’s public debut could become a key moment in the maturation of the crypto industry.