BlackRock Said to Plan to Buy Shares in Circle Internet IPO
May 29, 2025 - 15:00

BlackRock plans to acquire about 10 percent of the shares offered in Circle. The stablecoin issuer and some of its shareholders including co-founder and Chief Executive Officer Jeremy Allaire are seeking to raise as much as $624 million (roughly Rs. 5,333 crore) in the offering.