And that makes it one of the few pure crypto infrastructure bets on Wall Street. Circle earned $1.68 billion in revenue and reserve income in 2024, bringing in $156 million in net profit.

CRCL slipped to $141.46 after unveiling its Arc blockchain plan, though Wall Street maintains a bullish outlook with a ...

Banks are often accused of underpricing IPOs to avoid embarrassing flops. But underwriters are more cautious because IPOs on ...

More crypto IPOs, and new listings in general, are likely on the way soon. Stablecoin company Circle Internet Group had its ...

Circle Internet Group (NYSE:CRCL) landed mixed ratings from Wall Street on Monday, with Needham initiating coverage on the stablecoin issuer at Buy and J.P. Morgan starting at Underweight.

Circle (CRCL), the public issuer of stablecoin USDC, saw its shares shrink as much as 8% on July 22, after Compass Point downgraded the stock from "Hold" to "Sell," citing valuation concerns and ...

The GENIUS Act establishes a framework for stablecoins. Ever since the Senate passed the legislation last week, stocks like Circle (CRCL) and Coinbase (COIN) have surged.

Stablecoins, which are typically pegged to the U.S. dollar and backed 1:1 to a pool of reserves, have been around for a ...

The stablecoin company’s shares rose after revenue beat Wall Street estimates.

Analysts expect the New York-based company to report quarterly earnings at 34 cents per share. Circle Internet projects to ...

Circle Internet Group Inc.'s stock nearly tripled after the stablecoin issuer's initial public offering on Thursday, in a strong sign that Wall Street is taking digital currencies more seriously.