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Stablecoin issuer Circle Internet's shares climbed 48% on Friday, extending a stellar run after a blowout market debut on the New York Stock Exchange a day earlier.
The highly anticipated moment has arrived for Circle. The fintech powerhouse behind the ubiquitous USDC stablecoin has officially priced its Initial Public Offering at $31 per share on the NYSE, ...
Circle Internet stock price surged on its first trading day as a publicly traded company. CIRCL shares jumped to a high of $83, transforming it into a $18 billion company and one of the best ...
The company is offering 14.8 million shares and selling stockholders 19.2 million shares, Circle said, adding underwriters have a 30-day option to purchase up to an additional 5.1 million shares.
Shares of Circle, which moved to New York from Boston last year and is led by CEO Jeremy Allaire, opened at $69 and closed at $83.23. That pushed the company’s valuation to $18.36 billion.
IPO Report Circle’s $1.1 billion IPO shows Wall Street is taking stablecoins seriously, as crypto company’s stock nearly triples The cryptocurrency company, which offers fully backed digital ...
Circle’s CRCL shares, which debuted at $31 at IPO, opened at $69 on June 5—surging 235% in early trading before closing the day at $82. The company’s performance hints at a growing market ...
Headquartered in New York, Circle has grown significantly over the last five years, reporting $1.7 billion in revenue and reserve income in 2024, compared to just $15.4 million in revenue in 2020.
Fintech firm Circle Internet Group, the issuer of the USDC stablecoin, on Monday increased the size and price range of its planned initial public offering.
Circle, the issuer of the crypto stablecoin USDC, on Monday said it now plans to sell 12.8 million shares at between $27 and $28 apiece in the IPO, up from prior plans to offer 9.6 million shares ...
Circle Internet said on Monday it was targeting a valuation of up to $7.2 billion on a fully diluted basis in its upsized U.S. initial public offering, underscoring growing momentum in the ...