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Circle rejected Ripple's $5 billion buyout — now valued at over $20 billion after NYSE debut
In April, Bloomberg reported that Ripple had made an acquisition offer for Circle valued between $4 billion and $5 billion, which was reportedly rejected as undervalued. Ripple CEO Brad Garlinghouse later disputed the report in a conversation with Georgetown Law professor Chris Brummer.
Circle’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
Shares of Circle surged after its debut as a public company, but the crypto player may face headwinds if the Federal Reserve ...
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
Trading under the ticker "CRCL," shares of the USDC stablecoin issuer opened at $69 after the upsized initial public offering ...
Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial ...
The timing is razor-sharp. With crypto volatility through the roof, stablecoins are the ultimate safe harbor. Sure, Tether ...
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 ...
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