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Circle rejected Ripple's $5 billion buyout — now valued at over $20 billion after NYSE debut
In April, Bloomberg reported that Ripple had made an acquisition offer for Circle valued between $4 billion and $5 billion, which was reportedly rejected as undervalued. Ripple CEO Brad Garlinghouse later disputed the report in a conversation with Georgetown Law professor Chris Brummer.
Circle’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial ...
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
Trading under the ticker "CRCL," shares of the USDC stablecoin issuer opened at $69 after the upsized initial public offering ...
The shares of the stablecoin giant Circle surged on its first day as a public company. In a post on the social media platform ...
Just look at the robust demand for the initial public offering of Circle Internet Group, the leader in the world of ...
Circle’s IPO reflected Wall Street’s growing interest in stablecoins, but it may also strengthen conviction in Ethereum, ...
Wider stablecoin adoption, plus smaller partner payments, could offset pressure from lower returns on cash.
Circle Internet on Wednesday priced its upsized U.S. initial public offering at $31 apiece, raising $1.05 billion, adding ...
USDC issuer Circle's share price is still climbing on its second trading day as it came within pennies of quadrupling its $31 ...
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