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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.
Crypto enthusiasts will be watching the stock market Thursday as the U.S.-based issuer of one of most popular ...
Shares of fintech firm Circle Internet Group nearly tripled in their debut Thursday on the New York Stock Exchange.
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.
In DeFi, a serious USDC rival for Circle is unlikely to emerge anytime soon, according to analysts at investment bank Compass Point.
Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest ...
New York-based stablecoin issuer Circle Internet Group, which rejected acquisition offers by crypto industry giants such as ...
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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