News with the tag "IRC"

Key Takeaways: Arca sold all its Circle shares after receiving only a small allocation in the stablecoin issuer’s IPO. Arca will also cut ties with Circle and stop accepting USDC in its operations following the dispute. Circle’s NYSE debut raised $1.05 billion, spotlighting USDC’s growing role in re...

Circle pushed markets into rally mode on Friday after its shares spiked 48%, extending the chaos it kicked off with a massive NYSE debut the day before. The New York-based crypto company hit $123.49 at its highest point — nearly 4x its $31 offer price, which placed its fully diluted value at $32.1 b...

In a lucrative initial public offering (IPO) on the New York Stock Exchange on Thursday and Friday, Circle Internet Group stock soared, with the stablecoin issuer seeing a sizable investment from Japan’s financial services giant, SBI Holdings. Tokyo-based mega-business SBI Holdings has reportedly in...

The latest portfolio activity of the Cathie Wood-led investment firm Ark Invest has revealed a major investment into the recently listed Circle shares. Following the debut of CRCL , the long-awaited initial public offering of stablecoin issuer Circle on the New York Stock Exchange, Wood’s Ark Invest...

BitcoinWorld Circle Stock Soars: ARK Invest Makes Massive $373M Crypto Investment In a significant move signaling growing institutional interest in the intersection of traditional finance and digital assets, ARK Invest , the prominent asset management firm spearheaded by Cathie Wood , made headlines...

Shares of Circle Internet Group, the issuer of the market’s second-largest stablecoin, USDC, experienced a remarkable surge on Thursday, skyrocketing 168% as the company made its debut on the New York Stock Exchange (NYSE). Circle’s IPO Exceeds Expectations Circle’s stock opened at $69, well above i...

BitcoinWorld Crypto IPOs: Arthur Hayes Warns of Explosive Market Wave Post-Circle Debut The world of finance is constantly evolving, and the lines between traditional markets and the burgeoning cryptocurrency space are blurring. A recent event has ignited significant discussion: the debut of Circle,...

Cathie Wood's ARK Invest bought nearly 4.5 million Circle (CRCL) shares on the stablecoin issuer's first day of trading, a holding worth $373 million at the stock's closing price. The St Petersburg, California-based investment manager was quick to add the USDC issuer to its portfolio companies that ...

BitcoinWorld Circle Stock Soars 168% on Historic NYSE Listing: A Milestone for USDC Issuer The financial world just witnessed a significant event as Circle stock made its highly anticipated debut on the New York Stock Exchange. The company behind the widely used USDC stablecoin saw its shares achiev...

Circle, the issuer of the USDC stablecoin, made a highly anticipated entrance onto the public market on Thursday, with its stock (CRCL) skyrocketing as much as 200% during trading. The shares opened at approximately $69 and closed at $83.23, marking a remarkable 168% increase from the initial public...