Stablecoin firm Circle extends momentum after near 170% jump in NYSE debut

ReutersJun 6, 2025 10:22 AM

Stablecoin firm Circle Internet's CRCL.N shares jump 13.9% to $94.81 premarket in their second day of trading

Stock closed up 168.5% at $83.23 in their NYSE debut on Thursday after jumping as high as $103.75

CRCL commands a $21.64 billion valuation on a fully diluted basis, as of last close

About 47.8 million CRCL shares changed hands on Thursday, as per LSEG data

CRCL's blockbuster $1.05 billion IPO is expected to spur other large crypto players to follow suit and go public

NYSE President Lynn Martin said on Thursday that CRCL's IPO was a positive sign not just for crypto listings, but for IPOs in general

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