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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 ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
Circle Internet Group Inc.’s white-hot debut on Thursday gives the US IPO market a crypto-fuelled shot of adrenalin that ...
The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.
In today’s CEO Daily: Diane Brady on Circle’s IPO pop. The big story: Elon Musk and Donald Trump are fighting. The markets: ...
“The IPO gives Circle broad public recognition for the critical piece of crypto infrastructure they’ve built,” said CoinFund ...
US stock futures (ES=F, NQ=F, YM=F) tick up Thursday morning ahead of the May jobs report due out on Friday, while investors ...
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