In brief Circle’s stock price peaked at $123 on Friday, effectively quadrupling since its IPO yesterday. Its first-day surge outpaces even tech …
Circle
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It was a week of fortunes made, and fortunes lost, at CoinDesk.On the one hand, we had Circle, long a leading crypto …
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Markets
ARK Invest Loaded Up $373M Worth of Circle Shares on First Day of Trading
by shayaanby shayaanCathie Wood’s ARK Invest bought nearly 4.5 million Circle (CRCL) shares on the stablecoin issuer’s first day of trading, a holding worth …
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Finance
Circle IPO Pricing Could Jump Above Range as Investor Orders Surge: Bloomberg
by shayaanby shayaanStablecoin issuer Circle Internet Group may price its upcoming initial public offering (IPO) well above its marketed range after demand from investors …
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Scams
‘They Make No Money’: Here’s What Tether’s CEO Had to Say About Circle Before Its Massive IPO
by shayaanby shayaanIn brief Tether CEO Paolo Ardoino dismissed competitor Circle’s business model and IPO strategy during an April interview. Ardoino called plans by …
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Analysis
Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts
by shayaanby shayaanCircle’s (CRCL) shares more than tripled minutes into their New York Stock Exchange debut on June 5, touching $103.75 less than 30 …
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Markets
Circle Shares Surge on NYSE Debut, Signalling Strong Appetite for Stablecoin Issuers
by shayaanby shayaanShares of Circle (CRCL) began trading on the New York Stock Exchange (NYSE) on Thursday, opening at $69 a share in early …
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Analysis
Circle makes Wall Street debut as first major stablecoin issuer on NYSE
by shayaanby shayaanCircle, the issuer of the USDC stablecoin, officially began trading on the New York Stock Exchange (NYSE) on June 5 under the …
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Scams
Stablecoin Giant Circle Raises $1.1B in IPO, Valued at $6.9B Ahead of NYSE Debut
by shayaanby shayaanIn brief Circle and its shareholders sold 34 million shares, raising $1.1 billion in an upsized offering. The deal values the firm …
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Adoption
Circle set to exceed IPO expectations after overwhelming investor demand
by shayaanby shayaanCircle is poised to price its initial public offering above its marketed range after receiving investor orders for more than 25x the …