The public subscription circle rises, which gives hope in more startups pending the advertisement

Circle, one of the world’s largest exporters in USDC, which is the US dollar -related Stablecooin, has ended his first trading day as a public company at $ 83.23 per share, and 168 % higher than the public subscription price of $ 31 the day before.

Pop Public E subscription explains the interest of the public market investors in cryptocurrencies and niches in particular amid the position of the Trump administration on encryption assets.

The large mutation of the circulation of Circle on the first day may push institutional investors to determine the high subscription subscription prices for the upcoming lists. The subscriptions include immediate subscriptions Omada Health, which is pricing on Thursday, and Klarna, which is Fintech that is scheduled to be included next week.

The company’s general subscription price set its primary market value at $ 6.1 billion, which is a number less than the last evaluation of the Special market in Circle of $ 7.7 billion from 2021 when the company raised a series of $ 400 million, according to Pitchbook data.

But the big pop cleaned it, then some. The market value of Circle (with the exception of employee options) reached $ 16.7 billion at the end of the trading. The company raised about $ 1.1 billion in the offer.

Circle joins a growing list of companies whose subscriptions are priced at the highest levels in the market, including the last “lower tour” offers of health technology detailedContractor platform servicitanAnd the social network I responded. So it is unlikely that startups that are looking for signs that now are the time for the public.

The successful public subscription comes in Circle three years after the previous Circle’s attempt to the public. Stablecoin Source had plans to collect with SPAC in 2022 with a rating of $ 9 billion.

The largest external shareholders in the company are General Catalyst, which carries about 8.9 % of all shares before the offer, and IDG Capital, which has 8.8 % of all shares. Among the other important investors in ACCEL, Breyer Capital and OAK Investment Partners, according to the project, according to the projects, according to, according to, according to the projects in the important investors, according to accessories, according to the projects in the projects. S-1.