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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.
Stablecoin heavyweight Circle soars in debut on the New York Stock Exchange
The stock price soared and opened at $69.50, a gain of 124 percent. In afternoon trading, shares traded at $92.68. Circle’s initial public offering is one of the biggest public listings for a crypto-related company in years.
Anthony Pompliano, Professional Capital Management founder and CEO, joins 'Squawk Box' to discuss the blockbuster debut of ...
Stablecoin issuer Circle Internet's shares more than doubled in their debut on the New York Stock Exchange on Thursday, ...
USDC stablecoin issuer Circle has seen its CRCL share price shoot to a new high of $138.57 on only its third day of trading.
CNBC’s Jim Cramer on Monday examined Circle Internet, a stablecoin issuer that made a splash during its market debut last ...
More gains are in store for stablecoin issuer Circle (NYSE:CRCL) following a strong IPO debut this past Thursday. After ...
Wider stablecoin adoption, plus smaller partner payments, could offset pressure from lower returns on cash.
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