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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 significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
USDC issuer Circle's share price is still climbing on its second trading day as it came within pennies of quadrupling its $31 ...
But to live up to the market’s soaring expectations, the issuer of USDC might actually be better off in the longer run if ...
Just look at the robust demand for the initial public offering of Circle Internet Group, the leader in the world of ...
Circle’s IPO reflected Wall Street’s growing interest in stablecoins, but it may also strengthen conviction in Ethereum, ...
Circle Internet Group, the issuer of USDC, made a successful debut on the New York Stock Exchange, with shares surging 124% ...
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