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Circle IPO soars, giving hope to more startups waiting to go public
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for upcoming listings. Imminent IPOs include Omada Health, which is pricing on Thursday, and Klarna, a fintech that’s set to list next week.
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.
Stablecoin issuer Circle Internet Group Inc.’s stock stayed hot on Friday, in its second session of trading, and helped ...
Stablecoin issuer Circle's stock skyrocketed out of the gate, beating the initial public markets performance of tech giants.
USDC stablecoin issuer Circle Internet Group made a powerful and successful public stock debut. The listing is seen as a key ...
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 ...
Circle, the issuer of the USDC stablecoin, is aiming for a fully diluted valuation of up to $7.2 billion in its upcoming ...
On Thursday evening, Wood highlighted Circle’s IPO in a post on X, calling it an "”amazing debut." ...
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