Share this article
Circle to Offer 10 Million Class A Shares at $130 Each
The price is more than quadruple the June IPO price of $31 when the company debuted on the New York Stock Exchange.
Aug 15, 2025, 9:40 a.m.
What to know:
- Circle plans to offer 10 million shares in a secondary stock sale at a price of $130 per share.
- The stablecoin issuer is selling 2 million shares itself, and existing shareholders are selling the other 8 million.
- The price is more than quadruple CRCL's IPO price of $31 when the company debuted on the New York Stock Exchange in June.
Circle (CRCL) plans to offer 10 million shares in a secondary stock sale priced at $130 per share, more than four times to price of its initial public offering in June.
The stablecoin issuer behind the USDC token is itself offering 2 million shares of Class A common stock, it said in a Tuesday filing with the U.S. Securities and Exchange Commission (SEC). Existing shareholders putting up the other 8 million.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The company will use the proceeds from the sale of its shares for general corporate purposes. It won't receive any proceeds from the shareholders' sale.
The shares debuted on the New York Stock Exchange in early June after being priced at $31. They soared on trading, rising as much as 235% on the first day before closing at $83. The stock hit a record $298.99 on June 23 and closed Thursday at $139.23, a loss of over 9% on the day.
CRCL shares were recently 1.63% lower at $136.98 in pre-market trading.
Meer voor jou
Wat u moet weten:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Meer voor jou
Standard Chartered, Coinbase Expand Crypto Prime Services for Institutions
The companies will explore the development of trading, prime services, custody, staking and lending solutions for institutional clients.
Wat u moet weten:
- The enhanced partnership builds on the existing tie-up between Standard Chartered and Coinbase in Singapore.
- Standard Chartered provides banking connectivity that enables real-time Singapore dollar transfers for Coinbase’s customers.
Top Stories
