Circle Eyes $7.2B Valuation—Because Who Doesn’t Love Money and Stablecoins? 🚀💸

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What to Know: Welcome to the Crypto Circus 🤡

  • Circle’s cranking up its IPO to 32 million shares, priced between $27 and $28—because why not make it spicy?
  • BlackRock and Ark Invest are sniffing around like it’s the hottest club in town, considering a big fat investment.
  • The stablecoin market is now a $248 billion empire—basically, the crypto version of Monopoly, but with real money.

So, apparently, Circle, the cool kid behind USDC, is gunning for a shiny valuation of $7.2 billion in its upcoming IPO—because nothing says “we’re serious” like a full-blown Wall Street debut. According to a boring SEC filing (but we know better), they’re now offering 32 million shares at $27–$28. That’s up from the shy 24 million at $24–$26 in May. Looks like investors are almost as excited as a puppy in a room full of squirrels!

And guess who’s considering dropping some serious cash? BlackRock (the biggest asset boss in the universe) might buy up to 10% of the shares. Meanwhile, Ark Invest, led by the ever-enthusiastic Cathie Wood, plans to invest a cool $150 million. Major players only, folks.

This IPO is happening just as stablecoins are basically taking over the world. Once just crypto’s little sister used for trades, they’re now multitasking as the Swiss Army knives of finance—DeFi, remittances, and even traditional banks are jumping on the bandwagon. The entire stablecoin universe hit a whopping $248 billion, with Tether (you know, the OG) holding 62%, and USDC—Circle’s pride and joy—making up $60 billion of that sweet pie. So much money, I’m pretty sure even Scrooge McDuck is jealous.

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2025-06-02 17:49