IPO Market Gains Traction in the 2Q Despite Tariff Turmoil Despite an early surge in volatility from shifting US tariff policies and recession concerns, the IPO market ended the quarter with more momentum than it started. A total of 44 IPOs raised a combined...read more
Two sizable issuers went public this past week and featured the best first-day pop for a billion-dollar IPO in Renaissance’s 30+ year history. Three IPOs and two SPACs also submitted initial filings. Stablecoin issuer Circle Internet Group (CRCL)...read more
Circle Internet Group (CRCL) made a historic entrance to public markets on Thursday, jumping 168% from the offer price in its NYSE debut. That is the biggest first-day pop for a billion-dollar US IPO in our 30+ year records. Circle's initial performance ...read more
Circle Internet Group, the cryptocurrency issuer behind the USDC stablecoin, raised $1.1 billion by offering 34 million shares (56% secondary) at $31, above the upwardly revised $27 to $28 range. It sold 2 million more primary shares than previously anticipated....read more
Updated: Renaissance Capital's 2Q 2025 US IPO Market Review
IPO Market Gains Traction in the 2Q Despite Tariff Turmoil Despite an early surge in volatility from shifting US tariff policies and recession concerns, the IPO market ended the quarter with more momentum than it started. A total of 44 IPOs raised a combined...read more
US IPO Weekly Recap: Circle soars nearly 250% after completing $1+ billion IPO
Two sizable issuers went public this past week and featured the best first-day pop for a billion-dollar IPO in Renaissance’s 30+ year history. Three IPOs and two SPACs also submitted initial filings. Stablecoin issuer Circle Internet Group (CRCL)...read more
Circle skyrockets 168% in largest-ever pop for a billion-dollar IPO
Circle Internet Group (CRCL) made a historic entrance to public markets on Thursday, jumping 168% from the offer price in its NYSE debut. That is the biggest first-day pop for a billion-dollar US IPO in our 30+ year records. Circle's initial performance ...read more
Circle gets the share: Circle raises $1.1 billion in further upsized IPO priced above the raised range at $31 per share
Circle Internet Group, the cryptocurrency issuer behind the USDC stablecoin, raised $1.1 billion by offering 34 million shares (56% secondary) at $31, above the upwardly revised $27 to $28 range. It sold 2 million more primary shares than previously anticipated....read more