Circle Internet Group Inc.’s stock nearly tripled after the stablecoin issuer’s initial public offering on Thursday, in a strong sign that Wall Street is taking digital currencies more seriously.
Circle priced its initial public offering (IPO) on Wednesday at $31 per share, above the expected range of $24 to $26. The company sold around 34 million shares in the offering for a valuation of $1.1 ...
Update (June 5, 12:50 am UTC): This article has been updated to include more information about Circles’ IPO. Stablecoin issuer Circle Internet Group, Inc. has boosted its initial public offering a ...
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