The IPO was priced well above its initial $24–$26 range and even its revised $27–$28. Based on Circle’s 2 P.M. stock price of $86, Forbes figures Allaire has a net worth of at least $1.7 ...

Circle posted a loss of $768.8 million in 2022 — a brutal year for crypto with the collapse of the Terra token and FTX platform — before swinging to a profit of $267.6 million in 2023 and $155 ...