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IPO, Circle and stablecoin

MarketWatch on MSN · 7m

Circle’s $1.1 billion IPO shows Wall Street is taking stablecoins seriously, as crypto company’s stock nearly triples

The cryptocurrency company, which offers fully backed digital money for rapid global payments around the clock, priced its IPO above the expected range.

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.

Circle’s Shares Just Tripled, Sparking IPO Market Rebound Hopes

The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 billion.

Circle pops over 175% in market debut

TheStreet on MSN · 21m

Circle set to debut with 60% pop as IPO demand goes wild

Circle Internet Group Inc. is set for a public debut, with shares set to start trading somewhere between $50 and $52 — a pop of more than 60% beyond its IPO price, which is set at $31. However, no official confirmation has been issued yet.

Fortune on MSN · 2h

Circle pops over 175% in market debut as sleepy IPO market heats up

That jump amounted to a 175% increase, though by mid-day Circle was trading around $89 a share—which values the company close to $23 billion. Circle is a leading U.S. crypto firm that issues the stablecoin USDC.

Reuters on MSN · 2h

Circle shares triple in NYSE debut lifting IPO market rebound hopes

By Arasu Kannagi Basil and Hannah Lang (Reuters) -Stablecoin issuer Circle Internet's shares more than tripled in their debut on the New York Stock Exchange on Thursday, firing up the IPO market that has struggled to regain momentum.

Circle Soars 167% After IPO, Closing at $83 in First Day of Trading

The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.

34m

Circle IPO: President talks stablecoin network, bipartisan GENIUS Act

Circle Internet Group (CRCL) debuted on the New York Stock Exchange on Thursday, the stablecoin issuer's stock proceeding to ...

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