BlackRock Said to Plan to Buy Shares in Circle Internet IPO

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