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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.
Last Wednesday, the USDC stablecoin issuer priced its upsized initial public offering (IPO) at $31 per share, above its ...
More gains are in store for stablecoin issuer Circle (NYSE:CRCL) following a strong IPO debut this past Thursday. After ...
Circle Internet said on Monday it was targeting a valuation of up to $7.2 billion on a fully diluted basis in its upsized U.S ...
Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial ...
The point of a stablecoin is that it is highly predictable. These digital tokens, whose value is pegged to dollars or euros, ...
Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world's biggest stablecoins, reacts to ...
Gemini, a cryptocurrency exchange platform backed by the billionaire Winklevoss twins, has filed to go public on the heels of ...
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