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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.
But to live up to the market’s soaring expectations, the issuer of USDC might actually be better off in the longer run if ...
Shares of fintech firm Circle Internet Group nearly tripled in their debut Thursday on the New York Stock Exchange.
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
Just look at the robust demand for the initial public offering of Circle Internet Group, the leader in the world of ...
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