<ul><li>Stablecoin issuer Circle increased its IPO price range from $24 to $26 per share to $27 to $28 per share.</li><li>At the top end of the new price range, Circle aims to raise $896 million, seeking a valuation of $7.2 billion.</li><li>Circle's IPO upsizing is attributed to its momentum in the stablecoin market, strong investor interest in crypto firms, and anticipation of favorable regulations.</li><li>Circle plans to go public in New York later this week under the ticker symbol 'CRCL,' aiming to become the financial utility layer of the internet.</li></ul>

Stablecoin Issuer Circle Upsizes IPO, Seeks Valuation of $7.2 Billion

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