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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.
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
Shares of fintech firm Circle Internet Group nearly tripled in their debut Thursday on the New York Stock Exchange.
Circle’s IPO reflected Wall Street’s growing interest in stablecoins, but it may also strengthen conviction in Ethereum, ...
In a move that underscores ongoing tumult within the cryptocurrency investment sphere, Arca, a prominent digital asset manager, has offloaded its sta ...
Circle stock price surged on the first day of trading. We explore whether it is a good company to buy for now.
The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.
Fintech firm Circle Internet Group, the issuer of the USDC stablecoin, on Monday increased the size and price range of its ...
But to live up to the market’s soaring expectations, the issuer of USDC might actually be better off in the longer run if ...
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