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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.
Circle IPO Pricing Could Jump Above Range as Investor Orders Surge: Bloomberg
Circle’s most recent filing with the Securities and Exchange Commission (SEC) showed plans to sell 32 million shares at a range between $27 and $28 apiece. At the high end of that range, the IPO would value the company at roughly $7.2 billion on a fully diluted basis.
Circle Internet Group Inc. is set for a public debut, with shares set to start trading somewhere between $50 and $52 — a pop ...
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 ...
Circle Internet Group shares continued to climb after soaring 168% in their debut on the New York Stock Exchange Thursday.
Circle, which tried to go public four years ago but had to call off its deal, finally listed Thursday on the New York Stock ...
Major investors signaled confidence in the offering. ARK Invest showed interest in purchasing up to $150m in shares, while ...
Circle Internet Group (CRCL) is making its debut on the New York Stock Exchange on Thursday, set to begin trading publicly via an IPO after raising $1.1 billion in an upsized share sale. Morning Brief ...
Circle completed a successful initial public offering on June 5, with its share price rising 167% by the end of the trading ...
Cryptopolitan on MSN2d
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 ...
Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest ...
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