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Japan’s SBI Holdings and its banking arm SBI Shinsei invested $50m into USDC stablecoin issuer Circle, marking a significant vote of confidence in the fintech firm’s long-term role in global finance. The deal, split evenly between the two entities, comes after Circle’s highly anticipated public listing on the New York Stock Exchange on June 5.
Japanese Financial Giant SBI Pours $50M into Circle Stock, Betting Big on USDC Read More »
Circle’s CRCL shares are drawing strong interest following the company’s recent listing on the New York Stock Exchange. The firm, best known for issuing the USDC stablecoin, has seen its stock price rise sharply since launch. Data from Yahoo Finance shows Circle’s stock climbed nearly 22% in pre-market trading, reaching above $130 before retracing slightly
The stablecoin sector has officially vaulted beyond the $250 billion milestone, according to data from defillama.com. Over the past week alone, an additional $2.51 billion has poured into the swelling ecosystem of fiat-pegged digital tokens. Stablecoins Cross $250B for the First Time Ever—What’s Next? For the first time ever, the stablecoin market has cracked the
Stablecoins Shatter $250B Barrier in Historic Crypto Milestone Read More »
The stablecoin sector expanded by a full percentage point this past week, growing by $2.558 billion in total. Of that figure, a hefty $1.45 billion came directly from Tether’s USDT, continuing its lead role in the space. Stablecoin Market Swells by $2.5B in 7 Days As of now, data from defillama.com shows the stablecoin market
Tether Fuels $2.5B Stablecoin Growth This Week Read More »
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Circle Soars 168% In First Day Of Trading On NYSE Following Strong IPO Read More »
Circle, the issuer of the USDC stablecoin, officially began trading on the New York Stock Exchange (NYSE) on June 5 under the ticker symbol CRCL. The listing milestone marks a significant milestone for the firm as it becomes one of the few major crypto-native companies to go public through a traditional listing. Circle CEO Jeremy
Circle makes Wall Street debut as first major stablecoin issuer on NYSE Read More »
Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC). The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised
Circle’s IPO attracts major interest, set for $7.2B valuation Read More »
According to current data, the stablecoin market expanded by approximately $1.31 billion over the past week, lifting the total market capitalization of fiat-linked digital assets to $247.578 billion. This places the stablecoin sector just $2.422 billion shy of the $250 billion threshold. Stablecoin Market Closes in on $250B With Just $2.42B to Go The fiat-pegged
$250B in Sight: Stablecoin Market Nears Milestone Within Striking Distance Read More »
Key Notes Stablecoin giant Circle has officially filed to go public in the United States. With over 24 million shares up for purchase, the firm will trade on the NYSE under the ticker symbol “CRCL”. This IPO filing confirms the firm is not up for sale to Ripple or Coinbase. Circle Internet Financial, the second-largest
USDC Issuer Circle Files for IPO on NYSE: Report Read More »
