News
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.
Stablecoin issuer Circle’s stellar stock-market debut means other crypto companies are likely to pursue a public listing.
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
Circle Internet Group Inc.’s white-hot debut on Thursday gives the US IPO market a crypto-fuelled shot of adrenalin that ...
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 ...
Stablecoin firm Circle Internet Group is set to go public later Thursday after pricing its initial public offering above the ...
Circle (CRCL) debuted to wild upside action on the New York Stock Exchange on Thursday, its shares more than tripling from ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
Gemini, the crypto company controlled by the Winklevoss twins, filed its IPO plans with securities regulators after shares of ...
Crypto enthusiasts will be watching the stock market Thursday as the U.S.-based issuer of one of most popular ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback