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Circle IPO soars, giving hope to more startups waiting to go public
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for upcoming listings. Imminent IPOs include Omada Health, which is pricing on Thursday, and Klarna, a fintech that’s set to list next week.
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.
Shares of stablecoin issuer Circle Internet Group Inc. stayed hot in its second session of trading on Friday and helped ...
Arca executive Jeff Dorman said the investment firm has sold all of the Circle shares received as part of the stablecoin ...
1don MSN
Circle, the issuer of one of the biggest stablecoins, priced its IPO at $31, above its expected range and giving it a market ...
Circle's $1.1 billion IPO on Thursday highlighted Wall Street's increasing interest in stablecoins, particularly Ethereum.
The New York-based company's stock touched as much as $117.45, more than triple its offer price of $31 and valuing the ...
The point of a stablecoin is that it is highly predictable. These digital tokens, whose value is pegged to dollars or euros, ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
Several high-profile companies, including those in high-risk sectors such as crypto and financial technology, have launched ...
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