FinanceMagnates
Circle’s explosive stock market debut on Thursday has
delivered the first major public test of crypto’s payment infrastructure
ambitions. As the stablecoin operator behind USDC began trading
on the New York Stock Exchange, shares soared well above expectations, pushing
the firm’s valuation to nearly $19 billion and making its cofounder a
billionaire overnight.Entrance to the Public MarketCircle Internet Financial Inc…
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Circle Shares Soar 235% on First Day of NYSE Trading
Jared Kirui
12:32
Circle’s explosive stock market debut on Thursday has delivered the first major public test of crypto’s payment infrastructure ambitions. As the stablecoin operator behind USDC began trading on the New York Stock Exchange, shares soared well above expectations, pushing the firm’s valuation to nearly $19 billion and making its cofounder a billionaire overnight.Entrance to the
