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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.
Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world's biggest stablecoins, reacts to ...
(Reuters) -Crypto firm Gemini said on Friday it had confidentially filed for a U.S. initial public offering, as digital asset ...
On Thursday evening, Wood highlighted Circle’s IPO in a post on X, calling it an "”amazing debut." ...
According to Fortune, the tech giants are reportedly in early talks with crypto firms to add stablecoin payments to reduce ...
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 ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
Say cheese!Some companies on our Tech IPO Tracker are finally pushing ahead on long-awaited listings. The latest is ...
The point of a stablecoin is that it is highly predictable. These digital tokens, whose value is pegged to dollars or euros, ...
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