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The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
Due to high demand, the stablecoin issuer increased its IPO from a planned 24 million shares. Circle is now worth anywhere ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
Circle Internet Group Inc.’s initial public offering is likely to price above the marketed range, after fielding orders for ...
Circle’s reserve income — derived mostly from interest on the Treasuries backing USDC — rose 55.1% to $557.9 million in Q1. But that income stream is expected to drop as interest rates fall. If the ...
More gains are in store for stablecoin issuer Circle (NYSE:CRCL) following a strong IPO debut this past Thursday. After ...
The stablecoin issuer’s soaring shares value it at $24 bln, a strong signal for peer Tether. Depending on how investors view ...
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