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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.
Circle Internet Group, the crypto firm that tried to go public in 2021 but ended up pulling its deal, will finally enter the ...
BlackRock (NYSE:BLK), the world’s largest asset manager, is planning to acquire approximately 10% of Circle Internet Group’s ...
Due to high demand, the stablecoin issuer increased its IPO from a planned 24 million shares. Circle is now worth anywhere ...
The asset management giant already maintains a close relationship with Circle. It manages the Circle Reserve Fund, a ...
Late Wednesday, Circle raised $1.05 billion after selling 34 million shares at $31 each in an upsized deal. Earlier this week ...
Circle Internet Group Inc. (NYSE: CRCL), the crypto company behind the USDC stablecoin, continued its meteoric rise on June 6 ...
Circle’s most recent filing with the Securities and Exchange Commission (SEC) showed plans to sell 32 million shares at a ...
BlackRock Inc. plans to acquire about 10% of the shares offered in Circle Internet Group Inc.’s initial public offering, ...
Circle IPO has recorded massive demand, which indicates that the shares could trade higher than the marketed range amid the ...
Cryptopolitan on MSN3d
Is Circle’s $7.2B IPO a boost for crypto or a payday for insiders?Big investors like BlackRock want to buy Circle’s stock, showing a growing interest in stablecoins. Some people worry the IPO ...
Circle, the issuer of the USDC stablecoin, is aiming for a fully diluted valuation of up to $7.2 billion in its upcoming ...
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