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Why Circle's IPO is sparking an explosion on Wall Street
After stablecoin issuer Circle exploded 300% higher in its IPO, plenty of big players on Wall Street are taking a second look at their crypto strategies. That could very well trigger a second wave of hyper crypto institutionalization that has been building all year.
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.
Stablecoin company Circle has soared in its market debut. But there are good reasons to not chase the stock at these lofty ...
Shares of Circle surged after its debut as a public company, but the crypto player may face headwinds if the Federal Reserve ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
Circle’s $1 billion IPO marks one of the biggest fintech debuts in years, attracting major backers like SBI and Sigil.
Due to high demand, the stablecoin issuer increased its IPO from a planned 24 million shares. Circle is now worth anywhere ...
The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.
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