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Stablecoin Firm Circle Triples

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.

CNBC on MSN · 1h

Stablecoin issuer Circle soars 124% in NYSE debut after pricing IPO above expected range

Circle joins Coinbase, Mara Holdings and Riot Platforms as one of the few pure-play crypto companies to list in the U.S.

Bloomberg on MSN · 1h

Stablecoin Firm Circle Triples After IPO Priced Above Range

Circle Internet Group Inc. shares surged as much as 235% after the company and some of its shareholders raised nearly $1.1 billion in an initial public offering that was upsized twice amid strong demand.

1h

Lessons from a stablecoin IPO: tech turns on a dime

The point of a stablecoin is that it is highly predictable. These digital tokens, whose value is pegged to dollars or euros, ...

PTSD-Afflicted Crypto Investors Hit the Sell Button After Circle's Euphoric IPO

Circle (CRCL) debuted to wild upside action on the New York Stock Exchange on Thursday, its shares more than tripling from ...

42m

Circle Founder Is a Billionaire as Crypto Firm Jumps After IPO

Circle Internet Group Inc. co-founder Jeremy Allaire saw his fortune surge to more than $1.9 billion Thursday after the ...

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