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Circle Soars In First-Ever Stablecoin IPO, Making CEO A Billionaire
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, becoming the first stablecoin issuer to go public and making CEO and cofounder Jeremy Allaire a billionaire.
Circle Internet Group Inc. is set for a public debut, with shares set to start trading somewhere between $50 and $52 — a pop ...
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
Circle Internet Group Inc.’s white-hot debut on Thursday gives the US IPO market a crypto-fuelled shot of adrenalin that ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
That jump amounted to a 175% increase, though by mid-day Circle was trading around $89 a share—which values the company close ...
By Arasu Kannagi Basil and Hannah Lang (Reuters) -Stablecoin issuer Circle Internet's shares more than tripled in their debut ...
Circle's stock soared on its NYSE debut, raising $1.1 billion and closing with a market cap of $18.4 billion. Trading under ...
Just look at the robust demand for the initial public offering of Circle Internet Group, the leader in the world of ...
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