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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.
USDC stablecoin issuer Circle has seen its CRCL share price shoot to a new high of $138.57 on only its third day of trading.
Crypto is on fire again. After a deep slump earlier in the year, prices are jumping and new investors are piling in. In a ...
Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial ...
Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world's biggest stablecoins, reacts to ...
The successful debuts of Circle and CoreWeave could lead to more unicorns going public. Keep an eye on fintech Chime and ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
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