Stablecoin Giant Circle Raises $1.1B in IPO, Valued at $6.9B Ahead of NYSE Debut
Stablecoin firm Circle priced its shares at $31, above the marketed range, ahead of its trading debut on the NYSE under ticker CRCL.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
NYSE Adds Four Transfer Agents to Planned Tokenized Securities Venue
TL;DR: The New York Stock Exchange said on November 2 that Broadridge, Computershare, Equiniti and Superstate had joined the netwo...
American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million
Bitcoin Magazine American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million American Bitcoin Corp. (Nasdaq: A...
Strategy raises $5.4B but barely buys bitcoin
Michael Saylor’s Strategy diluted common shareholders by $5.4 billion worth of stock sales between July and September but bought j...
Circle Q3 Revenue Hits $865M as USDC Issuer Cuts Workforce by 5%
Circle’s third-quarter revenue climbed 17% to $865 million, while net income rose 5% to $226 million. The USDC stablecoin issuer’s...
Bitcoin Price Soars Above $79,000 After Democratic Sweep of Congress
Bitcoin Magazine Bitcoin Price Soars Above $79,000 After Democratic Sweep of Congress Bitcoin price traded near $79,200 on Wednesd...
Circle beats Q3 earnings estimates as Arc mainnet goes live with 100+ partners
Circle's strategic shift to blockchain infrastructure could enhance USDC demand, impacting stablecoin circulation and financial ec...