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Circle Soars In First-Ever Stablecoin IPO, Making CEO A Billionaire
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, becoming the first stablecoin issuer to go public and making CEO and cofounder Jeremy Allaire a billionaire.
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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 ...
Gemini, a crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, on Friday disclosed it had confidentially ...
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.
Shares of Omada Health finished their trading debut on the Nasdaq above their IPO price after the virtual chronic care firm ...
Stablecoin issuer Circle's stock skyrocketed out of the gate, beating the initial public markets performance of tech giants.
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