Circle increases IPO scale: valuation looking at 7.2 billion USD, BlackRock and Ark take the lead.

The US stablecoin giant Circle recently announced an increase in the scale and price range of its IPO (. The latest documents show that its valuation could reach as high as $7.2 billion. In response to the enthusiastic market reaction, institutional funds such as BlackRock and ARK Invest are rushing to enter the market, injecting a strong boost for this IPO. This stablecoin war seems to have officially entered the decisive phase in the Capital Market.

Investment Boom Arrives: Circle IPO Scale and Valuation Fully Adjusted

According to Circle's updated prospectus filed with the SEC )SEC( yesterday, the company raised its IPO size to 32 million shares from 24 million shares and the price range from $24 to $26 per share to $27 to $28. At the highest price, Circle's fully diluted valuation will be $7.2 billion, which is believed to be due to a surge in investor interest and demand.

Insiders revealed that asset management giant BlackRock intends to subscribe to up to 10% of the IPO shares, while Ark Invest, led by Cathie Wood, also stated it would invest $150 million. This shows that stablecoins are transforming from crypto trading tools into a new generation of financial infrastructure, attracting a rapid influx of mainstream capital.

)Wall Street giants entering the stablecoin race? Bloomberg exclusive reveals: BlackRock plans to acquire 10% of Circle's IPO shares(

USDC Continues to Grow: Compliance Becomes the Biggest Selling Point

DeFiLlama data shows that as of early June, the total market capitalization of stablecoins worldwide reached 248 billion USD, with Tether )USDT( accounting for 62%, approximately 154 billion USD, while Circle's USDC ranked second with 60 billion USD. Although its market share still lags behind Tether, USDC has unique advantages in compliance, transparency, and the depth of collaboration with financial institutions.

Brown: Tether; Blue: Circle

While still lagging behind Tether in terms of market share, USDC has unique advantages in compliance, transparency and cooperation with financial institutions, and is regarded as the more regulated digital dollar, and its integration with traditional finance is its key selling point.

Ripple and Coinbase have both taken action: acquisition or IPO?

In May of this year, Circle revealed that it had received acquisition proposals from Ripple and Coinbase, with offers as high as $5 billion, but Circle ultimately chose to reject them, demonstrating strong confidence in its self-valuation and long-term strategy.

)IPO Dark Horse or Acquisition Target? Circle reportedly seeking to sell for $5 billion, Coinbase and Ripple interested in taking over (

However, the market has mixed opinions on whether to merge or not. Previous reports indicate that the high binding of USDC to the Ethereum DeFi ecosystem has posed a threat to this decentralized infrastructure. If other centralized enterprises further control the issuance policy of USDC, it may lead to major protocols like MakerDAO or Aave losing the support of stable assets, triggering a liquidity and trust crisis.

Circle has now promoted cross-chain expansion ) such as Base or Solana, but whether it can break free from its high dependence on Ethereum remains one of the core challenges to its global expansion.

Why Ripple's acquisition of Circle could become the "doomsday for Ethereum and DeFi"?

From stablecoin to Wall Street, how Circle defines the next financial era

Circle is using stablecoins as a weapon to fully enter the capital market and global financial infrastructure. As stablecoins move towards the mainstream and regulations become increasingly clear, Circle's IPO is not just a fundraising action at the company level, but it could also become a milestone that defines the future status of stablecoins.

If this IPO is successful, it will not only inject bullets for the expansion of its USDC but may also rewrite the model of coexistence between crypto assets and traditional finance.

This article reports that Circle has raised the scale of its IPO: the valuation looks towards 7.2 billion USD, with BlackRock and Ark positioning themselves early. This was first published in Chain News ABMedia.