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This week’s blockbuster IPO of Circle, a leading issuer of stablecoins, shows how crypto is increasingly going mainstream.
Circle closed with an $18.4 billion valuation, well below Coinbase’s IPO but ahead of newer entrants like Fold and eToro.
Circle’s reserve income — derived mostly from interest on the Treasuries backing USDC — rose 55.1% to $557.9 million in Q1. But that income stream is expected to drop as interest rates fall. If the ...
Get a deep dive into Circle's $31 IPO price and valuation ($8.1B fully diluted), covering investor demand for the investment.
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial ...
Circle's stock (CRCL) is still gaining on Friday after it exploded higher in its first day of trading, rising as much as 200% ...
Top crypto stocks like COIN, MSTR, and MARA faced declines of 4-5% amid liquidity shift to support Circle's stellar IPO debut ...
New York-based cryptocurrency exchange Gemini is preparing to go public, signalling renewed confidence in the digital asset ...
Circle, which produces the USDC stablecoin, reached $1.05 billion in its eagerly awaited U.S. initial public offer (IPO). By ...
Big investors like BlackRock want to buy Circle’s stock, showing a growing interest in stablecoins. Some people worry the IPO ...
Major investors signaled confidence in the offering. ARK Invest showed interest in purchasing up to $150m in shares, while ...