Circle's IPO Surges Over 175% as Crypto Market Heats Up
TL;DR
Circle's shares surged nearly 200% during its IPO on the NYSE, raising $1.1 billion and valuing the company at around $6.9 billion, while Trump Media announced plans to launch a Bitcoin ETF, reflecting growing institutional interest in crypto. Meanwhile, crypto prices experienced a slight decline, with Bitcoin near $104,700.
- Circle Debuts Upsized IPO; Trump Media To Launch Bitcoin ETF Investor's Business Daily
- Crypto Firm Circle’s Shares Soar in Stock Market Debut WSJ
- Circle pops over 175% in market debut as sleepy IPO market heats up Fortune
- Stablecoin issuer Circle soars 124% in NYSE debut after pricing IPO above expected range CNBC
- Circle’s shares spike 123% in NYSE debut — valuing crypto giant at $18B New York Post
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