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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.
The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.
Circle closed with an $18.4 billion valuation, well below Coinbase’s IPO but ahead of newer entrants like Fold and eToro.
Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest ...
Circle (CRCL) debuted to wild upside action on the New York Stock Exchange on Thursday, its shares more than tripling from ...
Top crypto stocks like COIN, MSTR, and MARA faced declines of 4-5% amid liquidity shift to support Circle's stellar IPO debut ...
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 Financial is pushing forward with its public listing plans, now targeting a valuation of $7.2 billion as it ...
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