In brief
Circle's stock was halted twice on the New York Stock Exchange as shares surged on Thursday.
The performance validated Wall Street's growing embrace of stablecoins, analysts said.
Circle's IPO positions the…
Key Takeaways:Circle raises $1.05 billion in its NYSE debut, shares open at nearly double its IPO price under the ticker $CRCL.The IPO saw a subscriptions number 25 times higher than…
In brief
Compass Point analysts believe that USDC’s DeFi-centric market share is unlikely to wane as Wall Street firms enter the space.
USDC relies on proprietary tech that makes it easier to…
This is a segment from the Empire newsletter. To read full editions, subscribe.By the end of the day today, a stablecoin issuer will be public on the New York Stock…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.Stablecoin issuer Circle’s expected listing on the New York Stock Exchange tomorrow comes roughly four years after…
Frankfurt-based 21X, a venue for trading tokenized stocks, bonds and funds regulated by Germany’s financial watchdog BaFin, has integrated Circle’s USDC stablecoin as a key settlement currency on the platform.The…
The BlackRock-Circle IPO news has been making waves right now, and for good reason. The world’s largest asset manager is securing approximately 10% of Circle’s massive $624 million initial public…
Key Takeaways:Circle is launching a massive IPO, offering 24 million shares with a target valuation of up to $5.65 billion.The IPO lands as the U.S. inches closer to passing the…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe.Today’s launch of Circles v2 is a reassertion of crypto’s community-first ideals. Originally launched in 2020 as an…
Key Takeaways:Circle is exploring a potential $5 billion sale to either Coinbase or Ripple, indicating flexibility to stay independent via an IPO.
With a shared history and revenue ties through the…