Circle’s shares are now trading under the ticker symbol CRCL
Circle, the FinTech firm behind the USDC stablecoin, has officially gone public, marking a major step for the company and for the broader crypto sector. Yesterday, Circle’s shares—trading under the ticker symbol CRCL—began trading on the New York Stock Exchange.
Circle CEO Jeremy Allaire shared the news on social media platform X, expressing gratitude to those who supported the company since its founding in 2013. Co-founded by Allaire and Sean Neville, Circle started with the goal of reshaping financial infrastructure by building it directly on the internet. The public listing represents more than just a corporate milestone—it signals growing mainstream acceptance of digital finance.
The move to go public comes after Circle increased the size of its initial public offering to $1.05 billion. The company ultimately sold 34 million shares at $31 apiece, well above its initial plan to sell 24 million shares priced between $24 and $26. The upsized IPO reflects strong investor interest, particularly in light of Circle’s growing presence in the stablecoin market.
One of the largest regulated stablecoin companies in the world on the world’s largest exchange. @circle lists on NYSE $CRCL pic.twitter.com/1B26Fg02Wq
— NYSE 🏛 (@NYSE) June 5, 2025
Circle’s debut caught the attention of several prominent crypto leaders. Michael Saylor, co-founder of MicroStrategy, and Coinbase’s CLO Paul Grewal were among those congratulating Allaire and the team on reaching this milestone.
USDC, Circle’s most well-known product, has seen strong growth in 2024. The stablecoin’s market capitalization has jumped over 40% year-to-date, growing from $43.7 billion in January to about $61.5 billion today. It is currently the second-largest stablecoin behind Tether’s USDt and ranks seventh among all cryptocurrencies.
While competitors like PayPal have entered the stablecoin space with PYUSD, Circle’s NYSE listing gives it a unique position in the regulated financial world. This move may also set a precedent for other crypto-native companies seeking to enter public markets.
