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Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
(Reuters) -Circle Internet's shares were set for a strong debut on the New York Stock Exchange on Thursday, a move expected ...
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 ...
In April, Bloomberg reported that Ripple had made an acquisition offer for Circle valued between $4 billion and $5 billion, ...
The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest ...