Stablecoin Issuer Circle Raises $1.05 Billion in Upsized US IPO
USDC-issuer Circle priced its upsized US initial public offering (IPO) at $31 (roughly Rs. 2,660) apiece, raising $1.05 billion (roughly Rs. 9,001 crore), adding fresh momentum. Circle will start trading on the NYSE under the symbol "CRCL" on Thursday.
