US Edition
Circle Stock Jumps 170% in First Day of Trading
- Circle Internet Group's initial public offering was priced at $31 per share, above the expected range of $27-28, resulting in a total market value of $6.8 billion.
- The company increased the number of shares sold in the IPO from 32 million, showing strong demand after the market closed.
- Circle will trade on the New York Stock Exchange under the ticker symbol CRCL, emphasizing regulatory compliance with its USDC coin.
- The firm enters the NYSE amid a resurgence in interest in digital assets and discussions on clearer rules for stablecoins by U.S. legislators.
129 Articles
129 Articles
Circle's blockbuster IPO paves way for more listings
Stablecoin issuer Circle's $1.05 billion initial public offering on Thursday could spur other large crypto players to follow suit as the industry benefits from US President Donald Trump's embrace of the sector, according to experts and analysts. Circle priced its shares at $31 on Wednesday. In a sign of investor demand, they opened on the New York Stock Exchange on Thursday at $69 apiece and closed at $83.23. That trajectory is likely to encoura…
According to the original report, the issuer of stablecoins Circle Internet has had an impressive debut on the New York Stock Exchange. Their shares rose by 41% on Friday, reaching a historic record.This increase led them to touch $117.45, a figure significantly higher than the initial bid price of $31.Circle’s valuation is now at $30.5 billion on a totally diluted basis. A boost to the IPOsCircle Internet market is not only in the spotlight wit…
Stablecoin firm Circle adds to stellar first day gains with another stock surge
Stablecoin issuer Circle Internet's shares climbed 48 per cent on Friday, extending a stellar run after a blowout market debut on the New York Stock Exchange a day earlier.New York-based Circle's stock went as high as $123.49, nearly four times its $31 offer price and valuing the company at $32.1 billion on a
Circle Spirals Upward in $1 Billion IPO
Circle raised more than $1 billion in its NYSE debut yesterday, and that’s not a round-ing error. The stablecoin issuer’s shares opened at more than double their $31 IPO price to peak above $100. Circle — which issues USDC, the No. 2 stablecoin behind Tether — joins a short-list of crypto-only companies that have gone public, including Coinbase, Mara Holdings, and Riot Platforms. This is Circle’s second attempt at going public, after its reverse…
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