Key Takeaways:Arca sold all its Circle shares after receiving only a small allocation in the stablecoin issuer’s IPO.
Arca will also cut ties with Circle and stop accepting USDC in its…
Key Points:Circle finalizes IPO, aligning governance with financial institutions.Circle’s IPO boosts trust and institutional cooperation.USDC solidifies role as stablecoin within payments infrastructure.
Heath Tarbert, President of Circle and former CFTC Chair,…
Key Points:Arca divests all Circle shares due to IPO allocation. Market influence noted.Circle’s IPO raised $1.05 billion.USDC sentiment potentially impacted by fund’s decision.
Jeff Dorman, Arca’s Chief Investment Officer, announced on…
Gemini announced that it filed a confidential draft S-1 with the Securities and Exchange Commission on Friday. The filing is one of the first steps for the crypto firm to go…
Cryptocurrency exchange Gemini has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC), according to a June 6 press release. Gemini filed a confidential…
Today, Gemini Space Station, Inc. announced that it has confidentially filed a draft registration statement with the US Securities and Exchange Commission for a proposed initial public offering (IPO) of…
In brief
Circle's stock price peaked at $123 on Friday, effectively quadrupling since its IPO yesterday.
Its first-day surge outpaces even tech darlings like Airbnb, which doubled its IPO price at launch…
Arca Chief Investment Officer Jeff Dorman said the digital investment company has sold all of its Circle shares following the stablecoin company’s recent listing on the New York Stock Exchange.The…
Gemini Space Station Inc., the crypto exchange and custody platform founded by Cameron and Tyler Winklevoss, has taken a significant step toward becoming a publicly traded company.The firm announced Friday…