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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.
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’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
What exactly does Circle do, and why did it decide to move its headquarters from downtown Boston to lower Manhattan late last ...
Cryptopolitan on MSN4d
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 ...
FOMO helped drive up shares of crypto firm Circle in their stock-market debut. The stablecoin issuer’s stock jumped Thursday, ...
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