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Circle pops over 175% in market debut as sleepy IPO market heats up
Late Wednesday, Circle raised $1.05 billion after selling 34 million shares at $31 each in an upsized deal. Earlier this week, the company boosted its offering to 32 million shares at $27 to $28 each. J.P. Morgan, Citigroup and Goldman Sachs served as lead underwriters on the IPO.
BlackRock (NYSE:BLK), the world’s largest asset manager, is planning to acquire approximately 10% of Circle Internet Group’s ...
The asset management giant already maintains a close relationship with Circle. It manages the Circle Reserve Fund, a ...
Circle completed a successful initial public offering on June 5, with its share price rising 167% by the end of the trading ...
Cryptopolitan on MSN1d
Is Circle’s $7.2B IPO a boost for crypto or a payday for insiders?Big investors like BlackRock want to buy Circle’s stock, showing a growing interest in stablecoins. Some people worry the IPO ...
Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest ...
Circle has increased its IPO size to 32 million shares, targeting up to $896 million in proceeds and a valuation above $6 ...
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