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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