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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.
Circle stock continued to surge on Monday for a third day in a row following the stablecoin issuer's blockbuster IPO last ...
The oversubscribed raise follows stablecoin issuer Circle’s massive IPO last week, underscoring investor appetite for ...
CEO Richard Teng says any public listing must be approved at the highest levels, leaving timing open for Binance.
More gains are in store for stablecoin issuer Circle (NYSE:CRCL) following a strong IPO debut this past Thursday. After ...
USDC stablecoin issuer Circle has seen its CRCL share price shoot to a new high of $138.57 on only its third day of trading.
Last Wednesday, the USDC stablecoin issuer priced its upsized initial public offering (IPO) at $31 per share, above its ...
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Circle, the issuer of one of the biggest stablecoins, priced its IPO at $31, above its expected range and giving it a market ...
Several factors could influence Circle’s revenues and margins in the coming years. Circle’s business model is expected to evolve as it capitalizes on network effects and scales. Lower interest rates ...
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