(Reuters) -Crypto firm Gemini said on Friday it had confidentially filed for a U.S. initial public offering, as digital asset companies move to tap into renewed investor risk appetite amid improving market conditions.

Circle Internet Group Inc. co-founder Jeremy Allaire saw his fortune surge to more than $1.7 billion Thursday after the company’s stock almost tripled in its first day of trading.

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.

(Reuters) -Virtual chronic care provider Omada Health said on Thursday it had raised $150 million in its U.S. initial public offering, another sign of recovering investor appetite for new stocks. Although U.

Omada Health Inc.’s initial public offering raised $150 million, with shares of the digital health-care company pricing in the middle of the marketed range.