Circle's IPO Surges Over 190%, Setting Stage for Crypto Market Debuts
Originally Published 7 months ago — by Decrypt
Circle's IPO on the NYSE saw a remarkable debut with a 168% increase from its IPO price, raising $1.1 billion and achieving a market cap of $18.4 billion, making it one of the strongest crypto-native company debuts despite a lower valuation than Coinbase. The event highlights growing investor interest in crypto companies going public, although broader crypto markets experienced declines amid macroeconomic concerns.