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Circle (CRCL) Soars 168% in NYSE Debut as Stablecoin Issuer Enters Public Market
Circle (CRCL, Financials) soared 168% on its first day of trading Thursday after the stablecoin issuer priced its long-anticipated initial public offering at $31 per share. The stock opened near $69 and closed at $83.
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.
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Stablecoin issuer Circle debuts on Wall Street’s NYSE at $31 per shareCircle started trading publicly on the New York Stock Exchange Thursday under the ticker CRCL, pricing its initial public ...
China Renaissance, which has funded many leading Chinese technology firms, made another winning bet after shares of ...
The bank is also weighing a tokenized deposit system to make payments more efficient, as regulatory clarity and pending ...
The UK’s Financial Conduct Authority (FCA) is consulting on draft rules relating to the issuance of stablecoins in the UK and on custody ...
Circle Internet Financial is pushing forward with its public listing plans, now targeting a valuation of $7.2 billion as it ...
According to Fortune, the tech giants are reportedly in early talks with crypto firms to add stablecoin payments to reduce ...
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