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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.
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
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By Arasu Kannagi Basil and Anirban Sen NEW YORK (Reuters) -Intercontinental Exchange-owned NYSE's President Lynn Martin said ...
The crypto exchange has been taking major steps to go public in the U.S., including hiring Goldman Sachs and Citigroup as its ...
Major investors signaled confidence in the offering. ARK Invest showed interest in purchasing up to $150m in shares, while ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.
Gemini, a crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, on Friday disclosed it had confidentially ...
Shares of Omada Health finished their trading debut on the Nasdaq above their IPO price after the virtual chronic care firm ...
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