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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.
Circle’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
Shares of stablecoin issuer Circle Internet Group Inc. stayed hot in its second session of trading on Friday and helped ...
Circle Internet on Wednesday priced its upsized U.S. initial public offering at $31 apiece, raising $1.05 billion, adding ...
Circle Internet Group Inc. and some of its shareholders raised nearly $1.1 billion in an upsized initial public offering that ...
According to Fortune, the tech giants are in early talks with crypto firms to add stablecoin payments to reduce fees.
By Arasu Kannagi Basil (Reuters) -Stablecoin issuer Circle Internet's shares climbed 48% on Friday, extending a stellar run ...
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