Circle has successfully launched its initial public offering (IPO) on the New York Stock Exchange (NYSE) under the ticker 'CRCL,' with shares priced at $31, exceeding the anticipated range of $24 to $26. The company sold approximately 34 million shares, resulting in a valuation of $1.1 billion, while Bloomberg reports the total amount raised in the IPO at $6.2 billion. Initially planning to offer 24 million Class A shares, Circle expanded the offering due to high demand. As the issuer of USDC, the second-largest U.S. dollar-pegged stablecoin, Circle's public debut aims to leverage deeper capital markets and navigate increased regulatory scrutiny. The move reflects growing interest in digital assets and potential legislative changes for stablecoins in the U.S. CRCL is set to begin trading in New York on Thursday.