Matrixport: Circle Valuation Surpasses $60 Billion as Market Focus Shifts to Stablecoin Issuers and Crypto Infrastructure
Bitget2025/06/24 07:16According to a report by Jinse Finance, Matrixport's daily chart analysis indicates that Circle's latest valuation has reached $60 billion, which is almost equal to its circulating USD supply ($61.2 billion) and has remained stable over the past three months. In contrast, a certain exchange currently has a market capitalization of $78.3 billion. The stark difference between the two highlights a market shift in focus from diversified trading platforms to core crypto infrastructure companies such as stablecoin issuers. Regardless of the final valuation, one trend is becoming increasingly clear: capital is rapidly flowing into infrastructure-based crypto enterprises. The recent IPO boom further confirms the continued influx of institutional funds. We believe this is one of the factors supporting Bitcoin's potential to remain strong this year, even though the short-term consolidation is not yet over.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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