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Circle’s Stock Rips by 175% on First Day of Trading Amid Flood of Interest in the Stablecoin Issuer’s IPO
The shares of the stablecoin giant Circle surged on its first day as a public company. In a post on the social media platform X, the issuer of the second-largest dollar-pegged stablecoin USDC and the euro-pegged Euro Coin (EURC) says its shares can now be traded on the New York Stock Exchange (NYSE).
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.
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 Group, the crypto firm that tried to go public in 2021 but ended up pulling its deal, will finally enter the ...
Circle Internet Group Inc. and some of its shareholders raised nearly $1.1 billion in an upsized initial public offering that ...
Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest ...
The asset management giant already maintains a close relationship with Circle. It manages the Circle Reserve Fund, a ...
BlackRock (NYSE:BLK), the world’s largest asset manager, is planning to acquire approximately 10% of Circle Internet Group’s ...
Late Wednesday, Circle raised $1.05 billion after selling 34 million shares at $31 each in an upsized deal. Earlier this week ...
The stablecoin issuer’s IPO arrives as investors brace for more market headwinds and regulatory change while stablecoin ...
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