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Stablecoin Giant Circle Files for IPO on NYSE
The IPO price is expected to be between $24 and $26 per share. Based on the higher end of the range, Circle could raise almost $250 million, while the selling stakeholders could get nearly $375 million for their stake. Cathie Wood's ARK has expressed interest in buying $150 million worth of shares from the IPO, the USDC-issuer said in a filing.
The oversubscribed raise follows stablecoin issuer Circle’s massive IPO last week, underscoring investor appetite for ...
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
More gains are in store for stablecoin issuer Circle (NYSE:CRCL) following a strong IPO debut this past Thursday. After ...
Last Wednesday, the USDC stablecoin issuer priced its upsized initial public offering (IPO) at $31 per share, above its ...
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.
A crypto exchange platform backed by the billionaire Winklevoss twins has submitted a confidential filing for an initial ...
Several factors could influence Circle’s revenues and margins in the coming years. Circle’s business model is expected to evolve as it capitalizes on network effects and scales. Lower interest rates ...
Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial ...
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