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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.
After pulling out of prior attempts to go public, USDC stablecoin issuer Circle has finally hit the big board. And judging by ...
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
Trading under the ticker "CRCL," shares of the USDC stablecoin issuer opened at $69 after the upsized initial public offering ...
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
Circle’s IPO reflected Wall Street’s growing interest in stablecoins, but it may also strengthen conviction in Ethereum, ...
Circle Internet Group Inc. is set for a public debut, with shares set to start trading somewhere between $50 and $52 — a pop ...
But to live up to the market’s soaring expectations, the issuer of USDC might actually be better off in the longer run if ...
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