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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.
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
Jim Breyer, Breyer Capital founder and CEO, joins 'Money Movers' to discuss investing in Circle, which made its public debut ...
Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world's biggest stablecoins, reacts to ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.
Circle Internet Group Inc.’s white-hot debut on Thursday gives the US IPO market a crypto-fuelled shot of adrenalin that ...
“The IPO gives Circle broad public recognition for the critical piece of crypto infrastructure they’ve built,” said CoinFund ...
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