Circle, New York Stock Exchange
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Stablecoins, a fast-growing type of cryptocurrency, are in focus thanks to both new legislation that is making progress in the U.S. Senate and Circle’s well-received debut as a public company last week.
Circle's CRCL stock debuted on the NYSE on June 5 when it opened at $69, more than 124% higher than the IPO price of $31. The CRCL stock hit a record high of $138.57 on 9 June as the news of ETF filings flew in. However, the stock closed at $ 107.10 on 10 June, a 7% drop in a day.
What exactly does Circle do, and why did it decide to move its headquarters from downtown Boston to lower Manhattan late last year? Here are six things to understand about the company, which manages a "stablecoin" called USDC.
Stablecoin issuer Circle Internet Group Inc.’s stock stayed hot on Friday, in its second session of trading, and helped sparked gains in shares of other cryptocurrency-related companies.
Anthony Pompliano, Professional Capital Management founder and CEO, joins 'Squawk Box' to discuss the blockbuster debut of stablecoin issuer Circle, state of bitcoin, stablecoin vs. bitcoin, future of cryptocurrency,
Investors' demand for shares of Circle Internet Group (CRCL) shows no early signs of slowing down. Last Wednesday, the USDC stablecoin issuer priced its upsized initial public offering (IPO) at $31 per share,
The stablecoin issuer's initial public offering is widely seen as a bellwether for the cryptocurrency industry at large. Circle's stock traded as high as $95.98 midday Thursday, nearly triple its $31-a-share pricing.
Emily Mason gives audience to some of the skepticism toward Circle’s blockbuster IPO performance. Circle Internet Group Inc.’s shares have exploded since the firm’s public listing last week, with the price more than tripling from its IPO level and the company reaching an almost $24 billion valuation.
(Reuters) -Circle Internet on Wednesday priced its upsized U.S. initial public offering at $31 apiece, raising $1.05 billion, adding fresh momentum to a growing pipeline of late-stage cryptocurrency firms eyeing public markets.
Tech power players like Jeremy Allaire are leading the way in Greater Boston’s fintech and crypto industry. Learn more in our 2025 list of New England's top tech leaders.