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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.
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
USDC issuer Circle has started trading on NSYE under the CRCL ticker at more than triple of its $31 IPO price.
Circle, which produces the USDC stablecoin, reached $1.05 billion in its eagerly awaited U.S. initial public offer (IPO). By ...
Stablecoin firm Circle Internet Group is set to go public later Thursday after pricing its initial public offering above the ...
The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.
Circle opened at $69.50, spiking immediately to a higher range above $103 in the first hour of trading. CRCL shares debuted ...
Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest ...
Circle apparently decided developers deserve extra motivation to explore USDC and its fancy set of APIs. So they've kicked ...
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