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That relationship has helped Circle scale — but it’s also an albatross. The better Circle performs, the more it owes Coinbase. And while net income rose 33% to $64.7 million in the quarter, up ...
Update June 6, 2025: Circle’s debut on the NYSE exceeded expectations. Shares of CRCL opened at $69, more than doubling the IPO price of $31. After reaching an intraday high of $103.75, the ...
IPO Report Circle’s $1.1 billion IPO shows Wall Street is taking stablecoins seriously, as crypto company’s stock nearly triples The cryptocurrency company, which offers fully backed digital ...
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 ...
Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 ...
Stablecoin issuer Circle Internet's shares more than doubled in their debut on the New York Stock Exchange on Thursday, firing up the IPO market that has struggled to regain momentum.
Circle's stock (CRCL) is still gaining on Friday after it exploded higher in its first day of trading, rising as much as 200% in Thursday's session after the stablecoin issuer's long-anticipated ...
New York-based stablecoin issuer Circle Internet Group, which rejected acquisition offers by crypto industry giants such as Ripple and Coinbase (Nasdaq: COIN), has a major announcement, Reuters ...
Circle (CRCL) shares ended the day at $83, rising 167% from their $31 IPO price. The stock reached an intraday high of $104, signaling strong demand but raising questions about long-term stability.
Shares of Circle, which moved to New York from Boston last year and is led by CEO Jeremy Allaire, opened at $69 and closed at $83.23. That pushed the company’s valuation to $18.36 billion.
Circle Internet Group Inc. and its shareholders have increased the size and price of the company’s initial public offering, suggesting strong investor demand for the stock.
Circle that rejected Ripple's acquisition offer has a major announcement originally appeared on TheStreet. New York-based stablecoin issuer Circle Internet Group, which rejected acquisition offers ...
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