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Circle Soars In First-Ever Stablecoin IPO, Making CEO A Billionaire
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 cofounder Jeremy Allaire a billionaire.
In April, Bloomberg reported that Ripple had made an acquisition offer for Circle valued between $4 billion and $5 billion, ...
Circle Internet Group Inc.’s white-hot debut on Thursday gives the US IPO market a crypto-fuelled shot of adrenalin that ...
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Circle co-founder Jeremy Allaire becomes billionaire as crypto firm’s stock soars on debutJeremy Allaire, co-founder of cryptocurrency company Circle Internet Group Inc., saw his wealth soar to over $1.7 billion on Thursday as the company’s stock nearly tripled on its debut trading day.
Circle’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
What exactly does Circle do, and why did it decide to move its headquarters from downtown Boston to lower Manhattan late last ...
According to Fortune, the tech giants are in early talks with crypto firms to add stablecoin payments to reduce fees.
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Circle leads stock market comeback as gold slips, Bitcoin and dollar surgeCircle pushed markets into rally mode on Friday after its shares spiked 48%, extending the chaos it kicked off with a massive ...
Gemini, a crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, on Friday disclosed it had confidentially ...
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