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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 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.
Circle stock continued to surge on Monday for a third day in a row following the stablecoin issuer's blockbuster IPO last ...
Stablecoins are considered the gateway to crypto, and the stablecoin market cap is an indication of liquidity in the crypto ...
More gains are in store for stablecoin issuer Circle (NYSE:CRCL) following a strong IPO debut this past Thursday. After ...
Last Wednesday, the USDC stablecoin issuer priced its upsized initial public offering (IPO) at $31 per share, above its ...
Stablecoin issuer Circle Internet's shares more than doubled in their debut on the New York Stock Exchange on Thursday, ...
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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