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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, ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
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 ...
Circle Internet Group Inc.’s initial public offering is likely to price above the marketed range, after fielding orders for ...
Circle Internet on Wednesday priced its upsized U.S. initial public offering at $31 apiece, raising $1.05 billion, adding ...
Due to high demand, the stablecoin issuer increased its IPO from a planned 24 million shares. Circle is now worth anywhere ...
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