{"id":159081,"date":"2025-06-06T11:00:35","date_gmt":"2025-06-06T08:00:35","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=159081"},"modified":"2025-06-06T03:25:57","modified_gmt":"2025-06-06T00:25:57","slug":"circle-soars-in-nyse-debut-amid-surging-stablecoin-interest-but-not-everyones-cheering","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/circle-soars-in-nyse-debut-amid-surging-stablecoin-interest-but-not-everyones-cheering\/","title":{"rendered":"Circle Soars in NYSE Debut Amid Surging Stablecoin Interest \u2014 But Not Everyone’s Cheering"},"content":{"rendered":"

Trading under the ticker CRCL, shares opened at $31 and ended the session at $82, peaking earlier in the day at more than double their starting price.<\/p>\n

The IPO was met with overwhelming demand, boosted in part by reports that BlackRock was targeting a 10% stake and ARK Invest was considering a $150 million buy-in. That momentum prompted Circle to raise the offering to $1.05 billion, issuing 34 million shares to investors.<\/p>\n

The strong debut underscores rising investor confidence in crypto infrastructure firms, particularly in the stablecoin sector, where USDC continues to gain adoption. Circle had delayed its public debut earlier this year due to economic uncertainty, but its entry now appears to have landed at just the right moment.<\/p>\n