{"id":158538,"date":"2025-06-01T17:30:48","date_gmt":"2025-06-01T14:30:48","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=158538"},"modified":"2025-06-01T17:21:08","modified_gmt":"2025-06-01T14:21:08","slug":"blackrock-eyes-major-stake-in-circles-ipo-amid-surging-demand","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/blackrock-eyes-major-stake-in-circles-ipo-amid-surging-demand\/","title":{"rendered":"BlackRock Eyes Major Stake in Circle’s IPO Amid Surging Demand"},"content":{"rendered":"

The investment<\/a><\/strong> may be made through a related entity, but final decisions haven\u2019t been confirmed. Neither BlackRock nor Circle has issued a statement.<\/p>\n

Circle, the issuer of the USDC stablecoin, will offer 24 million Class A shares\u20149.6 million new and 14.4 million from existing shareholders. Underwriters may also purchase an additional 3.6 million shares, bringing the total to 27.6 million. The expected price range is $24 to $26, potentially raising up to $624 million, with Circle receiving proceeds from its portion.<\/p>\n

Interest in the offering is strong, with demand exceeding available shares. Circle reported $1.68 billion in revenue and capital gains in 2024, despite a year-over-year drop in net income.<\/p>\n