{"id":53665,"date":"2025-06-04T12:47:55","date_gmt":"2025-06-04T12:47:55","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/circle-targets-7-2-billion-valuation-in-june-5-ipo\/"},"modified":"2025-06-04T12:47:55","modified_gmt":"2025-06-04T12:47:55","slug":"circle-targets-7-2-billion-valuation-in-june-5-ipo","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/circle-targets-7-2-billion-valuation-in-june-5-ipo\/","title":{"rendered":"Circle Targets $7.2 Billion Valuation in June 5 IPO"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Circle is preparing to step into public markets with a valuation target that has already caught the attention of major players. The firm behind USDC, the second-largest USD-backed stablecoin, has priced its upcoming IPO at $28 per share, aiming for a total valuation of $7.2 billion. The offering is expected to land on Thursday, June 5.<\/p>\n<hr\/>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>BlackRock plans to acquire 10% of Circle shares when trading begins.<\/strong><\/em><\/li>\n<li><em><strong>USDC is the second-largest USD-pegged stablecoin, after Tether\u2019s USDT.<\/strong><\/em><\/li>\n<li><em><strong>Crypto analysts are calling the $28 per share price \u201ccheap\u201d long-term.<\/strong><\/em><\/li>\n<\/ul>\n<hr\/>\n<p>The company\u2019s decision to move forward with its IPO comes at a time when the current US administration appears more open to crypto regulation. That climate may have contributed to Circle\u2019s confidence in the public offering.<\/p>\n<p>Circle filed for its initial public offering on April 1, with plans to wrap up the process before the month ended. But within days, the company signaled a possible delay, pointing to ongoing uncertainty in the broader economy.<\/p>\n<p>BlackRock, already involved with Circle as the reserve manager for USDC, intends to purchase 10% of the newly issued shares. BlackRock\u2019s continued involvement signals a broader institutional interest in crypto infrastructure tied to traditional finance.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Michael Ashley Schulman, Chief Investment Officer at Running Point Capital, weighed in on the general outlook for stablecoins in the current market. He said,<\/p>\n<p><em>\u201cIssues regarding memecoin hype and more specifically Trump\u2019s ventures into a namesake coin should not directly affect the outlook for stablecoins backed by hard currency.\u201d<\/em><\/p>\n<p>Meanwhile, reactions within the crypto community show interest in Circle\u2019s pricing strategy. Pseudonymous analyst The Flow Horse believes the valuation is low considering the company\u2019s potential.<\/p>\n<p><em>\u201cCircle IPO seems interesting to me. I think $28 is going to look cheap over a multi-month period. Outside of the initial event volume, I will be looking for price to develop a clean range and ideally start to establish a longer-term position.\u201d<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>USDC has remained one of the most widely used stablecoins for trading, DeFi, and cross-border payments. Although Tether\u2019s USDT leads in overall market cap, Circle\u2019s IPO could shift sentiment if institutions continue backing USDC through public equity.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/circle-sets-ipo-price-at-28-dollars-as-blackrock-commits-to-10-percent\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Circle is preparing to step into public markets with a valuation target that has already caught the attention of major players. The firm behind USDC, the second-largest USD-backed stablecoin, has priced its upcoming IPO at $28 per share, aiming for a total valuation of $7.2 billion. [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":53666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53665"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=53665"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/53666"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=53665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=53665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=53665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}