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Opinion: Circle's NYSE IPO Can Be Seen as a Low Liquidity + High Full Valuation Token Launch, Performance Worth Anticipating

Opinion: Circle's NYSE IPO Can Be Seen as a Low Liquidity + High Full Valuation Token Launch, Performance Worth Anticipating

金色财经2025/06/04 08:49

@TaikiMaeda2 stated that on June 5, stablecoin USDC issuer Circle will be listed on the New York Stock Exchange under the ticker symbol CRCL, marking the most anticipated IPO since COIN in 2021. Circle plans to raise $624 million in this IPO, targeting a valuation of $6.7 billion, with the latest valuation adjusted to $7.2 billion. Bloomberg reports that the offering has been oversubscribed. Cathie Wood's ARK fund will subscribe for $150 million, and BlackRock CEO Larry Fink will invest an additional $60 million, together accounting for approximately 35% of the offering. Wood and Fink can be seen as KOLs in the traditional financial sector, likely to drive the stablecoin narrative among institutions and retail investors through media exposure. Circle's stock is one of the few ways to bet on the growth of stablecoins and blockchain technology. Insiders in a conventional IPO cannot sell their shares within the first 180 days, and if this offering is indeed oversubscribed, CRCL may perform well post-listing. Crypto users can view this as a "low circulation + high full valuation" token launch, with endorsements from traditional financial heavyweights (Wood, Fink).

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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