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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.
Shares of stablecoin issuer Circle Internet Group Inc. stayed hot in its second session of trading on Friday and helped ...
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
In April, Bloomberg reported that Ripple had made an acquisition offer for Circle valued between $4 billion and $5 billion, ...
Circle Internet Group Inc.’s white-hot debut on Thursday gives the US IPO market a crypto-fuelled shot of adrenalin that ...
Circle (CRCL) debuted to wild upside action on the New York Stock Exchange on Thursday, its shares more than tripling from ...
Circle’s reserve income — derived mostly from interest on the Treasuries backing USDC — rose 55.1% to $557.9 million in Q1. But that income stream is expected to drop as interest rates fall. If the ...
Gemini, a crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, on Friday disclosed it had confidentially ...
Stablecoin firm Circle Internet Group is set to go public later Thursday after pricing its initial public offering above the ...
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Gemini, the crypto company controlled by the Winklevoss twins, filed its IPO plans with securities regulators after shares of ...
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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