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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.
Tether’s $515 billion valuation stirs IPO discussions, but CEO Paolo Ardoino rejects going public, focusing on private growth and stability.
The public offering represents an “accelerant” for Circle as it seeks to establish itself at the heart of a new “internet ...
Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial ...
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 ...
The point of a stablecoin is that it is highly predictable. These digital tokens, whose value is pegged to dollars or euros, ...
Gemini, a cryptocurrency exchange platform backed by the billionaire Winklevoss twins, has filed to go public on the heels of ...
Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world's biggest stablecoins, reacts to ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
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