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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.
Due to high demand, the stablecoin issuer increased its IPO from a planned 24 million shares. Circle is now worth anywhere ...
(Reuters) -Circle Internet's shares were set for a strong debut on the New York Stock Exchange on Thursday, a move expected ...
Bybit, the world's second-largest cryptocurrency exchange by trading volume, features Circle's successful initial public offering (IPO) in the latest ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
Cryptopolitan on MSN4d
Arca sends ‘best wishes’ to Circle after IPO and NYSE listing: ‘choke on your success’Circle’s stellar NYSE debut Thursday quickly soured after longtime partner and crypto investment firm Arca publicly torched ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
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