NEWS: Circle ($CRCL) Raises June 5th IPO Price to $27-$28, Valuation to $7.1B
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I have been watching the IPO launch for the USDC maker with great interest, in turn, I was not surprised to see this raise increase to 32M shares at $27–$28 each, up from $24–$26, which now values the company at $7.1B (up from $6.71B).

Sentiment has been zooming. 

Circle will soon become the only public stablecoin play and will almost certainly serve as TradFi's gateway into the DeFi space, which actually seems to be a net positive for $ETH fans and DeFi bros like me.

The largest onchain marketplace. Buy and sell crypto on Ethereum and 12+ other chains.

Powering high performance cross-chain applications without liquidity pools

app.debridge.finance

10x Founder / Bitcoin Miner / Advisor and Investor in 20+ Bitcoin and Web3 Start-Ups

ARK’s Cathie Wood wants $150MM, Blackrocks's in for $60MM. No surprise the price jumped.

The demand is real.

June 5 will be a fun day for DeFi. But what’s your take? Will Circle’s IPO spark a DeFi rally? Let me know ;)

To that end, if $CRCL trades well post-IPO (June 5 on NYSE), it could lift select DeFi assets:  

> Liquidity Boost
More TradFi capital in stablecoins could flow into DeFi protocols using USDC, impacting the likes of Aave, @uniswap, and @debridge.

> Sentiment Surge
A strong $CRCL debut might spark optimism for DeFi tokens, especially those tied to stablecoin ecosystems.

> Market Precedent
Circle’s success could pave the way for other crypto IPOs like Kraken and Gemini, amplifying DeFi’s overall mainstream momentum and credibility.