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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.
This week’s blockbuster IPO of Circle, a leading issuer of stablecoins, shows how crypto is increasingly going mainstream.
What exactly does Circle do, and why did it decide to move its headquarters from downtown Boston to lower Manhattan late last ...
Circle’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
FOMO helped drive up shares of crypto firm Circle in their stock-market debut. The stablecoin issuer’s stock jumped Thursday, ...
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Circle leads stock market comeback as gold slips, Bitcoin and dollar surgeCircle pushed markets into rally mode on Friday after its shares spiked 48%, extending the chaos it kicked off with a massive ...
Circle Internet Group Inc.’s white-hot debut on Thursday gives the US IPO market a crypto-fuelled shot of adrenalin that ...
Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial ...
Circle’s reserve income — derived mostly from interest on the Treasuries backing USDC — rose 55.1% to $557.9 million in Q1. But that income stream is expected to drop as interest rates fall. If the ...
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
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