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Stablecoin issuer Circle soars 168% in NYSE debut

Reuters on MSN · 2d

Circle shares set to surge in NYSE debut, lifting hopes for IPO market recovery

(Reuters) -Circle Internet's shares were set for a strong debut on the New York Stock Exchange on Thursday, a move expected to boost an IPO market that has struggled to regain momentum. The stock was last indicated to trade between $60 and $61 at debut compared with its IPO price of $31.

CNBC on MSN · 2d

Stablecoin issuer Circle soars 168% in NYSE debut after pricing IPO above expected range

Shares of Circle Internet Group soared as much as 235% after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial public offering. The stock opened at $69.00 on the New York Stock Exchange after its IPO priced at $31.

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.

2don MSN

Circle rockets 124% at open as IPO demand goes wild

Due to high demand, the stablecoin issuer increased its IPO from a planned 24 million shares. Circle is now worth anywhere ...

1don MSN

Circle IPO leaves $1.72 billion on the table, seventh biggest underpricing in decades

While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.

5d

Circle Going Public On June 4: What Is The Future Of CRCL?

Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest ...

6d

BlackRock Reportedly To Take 10% Of Circle IPO: Major Asset Manager Doubles Down on Stablecoin Strategy

BlackRock (NYSE:BLK), the world’s largest asset manager, is planning to acquire approximately 10% of Circle Internet Group’s ...

Cryptopolitan on MSN5d

Circle moves to cash in on strong IPO demand, upgrades funding goal to $896M

Circle and its shareholders have increased the size and price of the company’s initial public offering, reflecting the ...

1d

Stablecoin firm Circle adds to stellar first day gains with another stock surge

Stablecoin issuer Circle Internet's shares climbed 48% on Friday, extending a stellar run after a blowout market debut on the ...

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