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Circle rejected Ripple's $5 billion buyout — now valued at over $20 billion after NYSE debut
In April, Bloomberg reported that Ripple had made an acquisition offer for Circle valued between $4 billion and $5 billion, which was reportedly rejected as undervalued. Ripple CEO Brad Garlinghouse later disputed the report in a conversation with Georgetown Law professor Chris Brummer.
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
Circle’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
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Circle leads stock market comeback as gold slips, Bitcoin and dollar surgeCircle pushed markets into rally mode on Friday after its shares spiked 48%, extending the chaos it kicked off with a massive ...
The race to embrace stablecoins is heating up, with major issuer Circle (CRCL) soaring in its first days of trading while the ...
Circle’s stock price soared alongside its IPO, capturing Wall Street’s growing embrace of digital dollars for years to come, ...
Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial ...
Stablecoin issuer Circle Internet's shares climbed 48% on Friday, extending a stellar run after a blowout market debut on the ...
Stablecoin issuer Circle's stock skyrocketed out of the gate, beating the initial public markets performance of tech giants.
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