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Circle rejected Ripple's $5 billion buyout — now valued at over $20 billion after NYSE debut
In April, Bloomberg reported that Ripple had made an acquisition offer for Circle valued between $4 billion and $5 billion, which was reportedly rejected as undervalued. Ripple CEO Brad Garlinghouse later disputed the report in a conversation with Georgetown Law professor Chris Brummer.
Circle’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
Gemini goes down the IPO route, amid rising crypto market optimism IPO filing a sign of growing Wall Street interest in ...
Fintech firm Circle Internet Group, which issues the USDC stablecoin, on Wednesday priced its upsized initial public offering ...
Circle Internet Group, an USDC stablecoin issuer, plans a June 5 IPO. Read my analysis about CRCL's market share, revenue ...
The timing is razor-sharp. With crypto volatility through the roof, stablecoins are the ultimate safe harbor. Sure, Tether ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
Shares of Circle surged after its debut as a public company, but the crypto player may face headwinds if the Federal Reserve ...
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