News
Stablecoin Giant Circle Files for IPO on NYSE
The IPO price is expected to be between $24 and $26 per share. Based on the higher end of the range, Circle could raise almost $250 million, while the selling stakeholders could get nearly $375 million for their stake. Cathie Wood's ARK has expressed interest in buying $150 million worth of shares from the IPO, the USDC-issuer said in a filing.
Circle Upsizes NYSE IPO to $1.05B — Here’s What Investors Should Watch
Major investors signaled confidence in the offering. ARK Invest showed interest in purchasing up to $150m in shares, while BlackRock is expected to acquire roughly 10% of the IPO allocation. BlackRock also manages the Circle Reserve Fund, a government money market fund holding 90% of USDC’s reserves, valued at $53.3b as of this week.
In April, Bloomberg reported that Ripple had made an acquisition offer for Circle valued between $4 billion and $5 billion, ...
The crypto exchange has been taking major steps to go public in the U.S., including hiring Goldman Sachs and Citigroup as its ...
New York-based cryptocurrency exchange Gemini is preparing to go public, signaling renewed confidence in the digital asset ...
Circle IPO announcement details 24 million share offering at $24-$26 per share. CRCL to list on NYSE with J.P. Morgan as ...
The stock price soared and opened at $69.50, a gain of 124 percent. In afternoon trading, shares traded at $92.68. Circle’s ...
BlackRock (NYSE:BLK), the world’s largest asset manager, is planning to acquire approximately 10% of Circle Internet Group’s ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback