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Circle’s Shares Just Tripled, Sparking IPO Market Rebound Hopes
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 billion.
Circle rockets 124% at open as IPO demand goes wild
Due to high demand, the stablecoin issuer increased its IPO from a planned 24 million shares. Circle is now worth anywhere from $6.8 billion to $8 billion on a fully diluted value. The company that powers the USDC stablecoin will start trading today on the New York Stock Exchange under the ticker symbol CRCL.
Gemini crypto exchange planning to go public following Circle’s IPO success
New York-based cryptocurrency exchange Gemini is preparing to go public, signaling renewed confidence in the digital asset market.
Decrypt1d
Circle IPO Outperforms Public Debuts From Meta, Robinhood and Airbnb
Stablecoin issuer Circle's stock skyrocketed out of the gate, beating the initial public markets performance of tech giants.
Stablecoin firm Circle’s shares double in wild trading debut
Shares of the stablecoin issuer more than tripled from the IPO price of US$31 each, climbing as high as US$103.75 apiece on Thursday while being halted several times for volatilit
Circle’s Frenzied Trading Debut Boosts Crypto IPO Prospects
Circle Internet Group Inc.’s white-hot debut on Thursday gives the US IPO market a crypto-fuelled shot of adrenalin that could encourage more listings by would-be debutantes — in the digital assets space and beyond.
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