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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’s Stock Rips by 175% on First Day of Trading Amid Flood of Interest in the Stablecoin Issuer’s IPO
The shares of the stablecoin giant Circle surged on its first day as a public company. In a post on the social media platform X, the issuer of the second-largest dollar-pegged stablecoin USDC and the euro-pegged Euro Coin (EURC) says its shares can now be traded on the New York Stock Exchange (NYSE).
Circle Internet Group, the crypto firm that tried to go public in 2021 but ended up pulling its deal, will finally enter the ...
Circle Internet Group Inc. (NYSE: CRCL), the crypto company behind the USDC stablecoin, continued its meteoric rise on June 6 ...
BlackRock (NYSE:BLK), the world’s largest asset manager, is planning to acquire approximately 10% of Circle Internet Group’s ...
That jump amounted to a 175% increase, though by mid-day Circle was trading around $89 a share—which values the company close ...
Circle Internet Group Inc. is set for a public debut, with shares set to start trading somewhere between $50 and $52 — a pop ...
Circle Internet Group (CRCL) is making its debut on the New York Stock Exchange on Thursday, set to begin trading publicly via an IPO after raising $1.1 billion in an upsized share sale. Morning Brief ...
Circle’s most recent filing with the Securities and Exchange Commission (SEC) showed plans to sell 32 million shares at a ...
Major investors signaled confidence in the offering. ARK Invest showed interest in purchasing up to $150m in shares, while ...
Cryptopolitan on MSN3d
Is Circle’s $7.2B IPO a boost for crypto or a payday for insiders?Big investors like BlackRock want to buy Circle’s stock, showing a growing interest in stablecoins. Some people worry the IPO ...
The asset management giant already maintains a close relationship with Circle. It manages the Circle Reserve Fund, a ...
Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest ...
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