Reported about 2 months ago
Circle, the stablecoin issuer, launched a successful IPO worth $1.05 billion, with shares opening at $69 and closing at $83.23 on the New York Stock Exchange. This strong debut is expected to encourage other major crypto companies like Kraken and Gemini to consider public listings as the crypto market receives renewed interest following strong support from U.S. President Donald Trump. Analysts suggest that Circle's success signals potential growth in the public market for both crypto and fintech firms.
Source: YAHOO