CRCL: Circle Stock Skyrockets 168% in Trading Debut as Investors Cheer Crypto Going Mainstream

IPO priced at $31, opened at $69 — pure crypto plays are back in style as Circle joins Coinbase, Mara and Riot.

🌊 Circle Makes a Splash

• Circle Internet is now a public stock trading on the New York Stock Exchange under the ticker CRCL. The stablecoin issuer went public with a big bang on Thursday, soaring 168% in its trading debut.
• The IPO was priced at $31 and opened at a whopping $69 — a strong vote of confidence from investors betting on the mainstream adoption of crypto infrastructure.
• The stock even hit $103.75 intraday, before closing at $83.23 a share, valuing the stablecoin operator well beyond its initial $6.8 billion valuation. Thursday’s performance was one of the strongest for a US-listed IPO this year, offering a big morale boost for the sluggish IPO market and the broader crypto ecosystem alike.

☀️ Pure Crypto Play

• With its successful flotation, Circle joins the exclusive ranks of publicly traded crypto-native companies like Coinbase COIN, Marathon Digital MARA, and Riot Platforms RIOT. The message? Wall Street is finally warming back up to Web3 businesses.
• Circle, best known for issuing the USDC stablecoin, has long pushed for institutional credibility. Going public is a big flex in an industry still shadowed by regulatory battles and bad actors.
• The company framed its debut as “a major step in acceptance” — and judging by Thursday’s fireworks, the market agrees. It’s not just a stock, it’s a bellwether.

💪 Wild Volumes Unlocked

• Final trading volume was a massive 46 million shares, far outpacing the available float and suggesting strong retail and institutional demand. A quiet debut? More like a full house party.
• Investors piled in despite recent regulatory uncertainty, betting that stablecoin infrastructure will play a central role in the future of global finance.
• Circle definitely showed it has momentum — and capital — on its side. But can it keep up with investor expectations in quarters to come? That’s the next test — earnings, revenue, user growth, and all that good stuff.