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Stablecoin issuer Circle soars 173% in NYSE debut after pricing IPO above expected range

Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world's biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company's IPO in New York City, U.S., June 5, 2025.Brendan McDermid | ReutersShares of Circle Internet Group soared 173% after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial public offering.The stock opened at $69.50 on the New York Stock Exchange afte...

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