Chamath Palihapitiya Says Circle IPO Valued At $7 Billion Means It's A 'Genius' Buy For Coinbase, Here's Why - USData (OTC:USDC)

Chamath Palihapitiya Says Circle IPO Valued At $7 Billion Means It's A 'Genius' Buy For Coinbase, Here's Why - USData (OTC:USDC)

Tech investor Chamath Palihapitiya suggested Wednesday that Ripple Labs or Coinbase Global Inc. (NASDAQ:COIN) acquiring Circle Internet Financial would be a “genius” move, given the potential value of the stablecoin market.

Stablecoin firm Circle valued at $7 billion in expanded IPO but senior exec sells - Ledger Insights - blockchain for enterprise

Stablecoin issuer Circle will list on the New York Stock Exchange (NYSE) today. It has expanded its stock offering for a second time and also raised the maximum offer price to $31. Circle and existing investors had planned to sell a combined maximum of 36.8 million shares but they expanded that by 2.3 million yesterday, […] The post Stablecoin firm Circle valued at $7 billion in expanded IPO but senior exec sells appeared first on Ledger Insight…

Chamath Palihapitiya Says Circle IPO Valued At $7 Billion Means It's A 'Genius' Buy For Coinbase, Here's Why

Tech investor Chamath Palihapitiya suggested Wednesday that Ripple Labs or Coinbase Global Inc. (NASDAQ:COIN) acquiring Circle Internet Financial would be a “genius” move, given the potential value of the stablecoin market. What Happened: Palihapitiya stated in an X post that the Circle, issuer of…