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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.
BlackRock (NYSE:BLK), the world’s largest asset manager, is planning to acquire approximately 10% of Circle Internet Group’s ...
Due to high demand, the stablecoin issuer increased its IPO from a planned 24 million shares. Circle is now worth anywhere ...
The asset management giant already maintains a close relationship with Circle. It manages the Circle Reserve Fund, a ...
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 Internet Group Inc. (NYSE: CRCL), the crypto company behind the USDC stablecoin, continued its meteoric rise on June 6 ...
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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