The time has come for another highly anticipated arrival on the New York Stock Exchange (NYSE). Circle Internet Group, a stablecoin provider, is making its initial public offering today for $31 a share. Here’s everything you need to know about Circle’s IPO.
What is Circle?
New York-based Circle, led by CEO Jeremy Allaire, is the issuer of USDC, a stablecoin tied to the U.S. dollar and the second-largest stablecoin globally. Circle also offers EURC, a stablecoin tied to the Euro.
When is Circle’s IPO?
Circle set its share prices on Wednesday and plans to list its stock today, Thursday, June 5. The offer is expected to close the following day, Friday, June 6.
What is Circle’s stock ticker?
Circle will trade its stock under the ticker CRCL.
Which exchange will Circle’s shares trade on?