New York Stock Exchange, Circle IPO and stablecoin
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The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 billion.
New York-based cryptocurrency exchange Gemini is preparing to go public, signaling renewed confidence in the digital asset market.
Stablecoin issuer Circle's stock skyrocketed out of the gate, beating the initial public markets performance of tech giants.
Shares of the stablecoin issuer more than tripled from the IPO price of US$31 each, climbing as high as US$103.75 apiece on Thursday while being halted several times for volatilit
Circle Internet Group Inc.’s white-hot debut on Thursday gives the US IPO market a crypto-fuelled shot of adrenalin that could encourage more listings by would-be debutantes — in the digital assets space and beyond.