Circle | Crypto

Circle’s CRCL shares climbed 34% and closed at $199.59 on June 18 after registering a new all-time high at $200.90. The new price peak is roughly 6.5x the company’s initial public offering price of $31 set on June 5. The price leap came one day after the Senate advanced the Guiding and Establishing National Innovation […] The post Circle stock leaps to $200 record after 34% daily gain appeared first on CryptoSlate.

Crypto trading platforms increasingly adopt blockchain-native assets like the USDC stablecoin and tokenized treasuries such as BlackRock’s BUIDL to enhance collateral efficiency in derivatives markets. These instruments offer a blend of stability, yield, and compliance, making them attractive to institutional players seeking capital optimization. USDC and BUIDL gain momentum in crypto derivatives On June 18, […] The post Circle’s USDC and BlackRock’s BUIDL spearhead collateral innovation in derivatives markets appeared first on CryptoSlate.

USDC, a US dollar-pegged stablecoin by Circle and Coinbase, is set to become a collateral for US futures trading as part of a joint effort by Coinbase Derivatives and Nodal Clear. Coinbase Derivatives is expanding its partnership with clearinghouse Nodal Clear to bring Circle’s USDC stablecoin into US futures markets as eligible collateral. On Wednesday, the companies announced that USDC will now be accepted as collateral for margined futures trading, a move designed to encourage stablecoin adoption in regulated derivatives markets. The integration is subject to approval by the Commodity Futures Trading Commission (CFTC), with Coinbase Derivatives and Nodal Clear working with the authority to bring USDC to the US futures market. Read more

The CEO of Circle, which recently debuted on the New York Stock Exchange, predicts it won’t be long before stablecoins reach the level of developer attraction that the iPhone achieved. While stablecoins have yet to attract developers at the same scale as Apple’s iPhone, stablecoin issuer Circle CEO Jeremy Allaire suggests that breakthrough moment isn’t far off. “We are not quite yet at the iPhone moment when developers everywhere realize the power and opportunity of programmable digital dollars on the internet in the same way they saw the unlock of programmable mobile devices. Soon,” Allaire said in a post on Saturday. “The highest utility form of money ever created,” he added. Read more

Crypto IPO season is underway. Circle’s explosive debut has fueled filings from Gemini and Bullish, with Kraken, BitGo, and Consensys potentially next. Key takeaways: Circle’s IPO was a success, with CRCL soaring almost 290% and sparking renewed investor interest. New IPO filings from Gemini and Bullish signal growing momentum, and more crypto-native firms may prepare to enter public markets. Read more

World Chain has integrated native USD Coin (USDC) and Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2), marking a significant partnership between the biometric identity blockchain and one of the largest regulated stablecoin issuers in the world. The upgrade replaces bridged USDC with native issuance on World Chain, while retaining the same smart contract address, allowing […] The post World Chain and Circle join forces to strengthen identity-driven finance with native USDC appeared first on CryptoSlate.

Arca's chief investment officer, Jeff Dorman, previously said the investment company would stop doing business with Circle. Arca Chief Investment Officer Jeff Dorman said the digital investment company has sold all of its Circle shares following the stablecoin company’s recent listing on the New York Stock Exchange. The update followed a scathing open letter published by Dorman on social media on June 5, criticizing Circle for giving the investment firm a “throwaway” allocation in Circle’s initial public offering (IPO). According to Dorman, Arca submitted an order for $10 million in Circle shares in April 2025 and only received a $135,000 allocation despite being a long-time supporter and one of the earliest investors to submit a bid. The executive wrote in a now-deleted letter: Read more

Gemini confidentially filed a draft registration statement with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of Class A common stock, according to a June 6 statement.  The exchange controlled by Cameron and Tyler Winklevoss stated that the share count and price range will be determined once regulators complete their […] The post Gemini files confidential IPO draft as Circle’s shares register a new all-time high near $124 appeared first on CryptoSlate.

Circle had boosted its IPO to a range of $1.05 billion on June 4 as investor demand grew significantly. Stablecoin issuer Circle made a strong entry into the public market on June 5, with its shares climbing 167% on its first trading session on the New York Stock Exchange (NYSE). Under the CRCL ticker, Circle’s shares opened at $31, surging 235% in the first hours of negotiation before closing at $82 at the end of the day. The company’s performance hints at a growing market appetite for stablecoin businesses. The oversubscribed round had some significant tailwinds. On May 28, the world’s largest asset manager, BlackRock, revealed it was eyeing a 10% stake in the IPO. Cathie Wood’s ARK Investment was reportedly interested in buying $150 million worth of shares of the offering. Read more

Arca was one of the earliest crypto investment firms to back Circle, Arca chief investment officer Jeff Dorman wrote in the letter. Circle is facing criticism from Jeff Dorman, chief investment officer at digital asset investment firm Arca, over a $135,000 allocation to the company during the stablecoin issuer’s recent initial public offering. In an open letter posted to social media, Dorman accused Circle and its leadership of poor judgment, calling the allocation “inappropriate” and announcing the closing of all Arca’s accounts with Circle. According to Dorman’s post, Arca was granted only a $135,000 participation in its $10 million order on the offering. Dorman said Arca was one of the first entities to make an offer. The executive said the company is one of Circle’s earliest backers and held steady even amid rumors of Circle delaying its IPO plans due to the macroeconomic shock of tariffs. The letter read: “Most of Arca’s management team left Wall Street eight years ago to start a crypto-native company sp...

Circle’s (CRCL) shares more than tripled minutes into their New York Stock Exchange debut on June 5, touching $103.75 less than 30 minutes following its launch and resulting in several volatility halts. The price peak is 234% above the initial public offering (IPO) price of $31, which captured over $1 billion by selling 34 million […] The post Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts appeared first on CryptoSlate.

Circle, the issuer of the USDC stablecoin, officially began trading on the New York Stock Exchange (NYSE) on June 5 under the ticker symbol CRCL. The listing milestone marks a significant milestone for the firm as it becomes one of the few major crypto-native companies to go public through a traditional listing. Circle CEO Jeremy […] The post Circle makes Wall Street debut as first major stablecoin issuer on NYSE appeared first on CryptoSlate.

Circle’s public trading launch follows multiple IPO upsizings in response to massive demand from investors. Circle, the issuer of the second-largest stablecoin by market capitalization, USDC, has begun trading on the New York Stock Exchange (NYSE). Circle CEO Jeremy Allaire took to X on June 5 to announce the company’s public debut of CRCL shares on the NYSE. The company’s public listing comes 12 years after Allaire co-founded Circle with Sean Neville with a mission to remake the global economic system by “re-imagining and re-building it from the ground up natively on the internet,” the CEO said. Read more

USDC issuer Circle has again upsized its initial public offering above the marketed range, selling 34 million shares at $31 each. Update (June 5, 12:50 am UTC): This article has been updated to include more information about Circles’ IPO. Stablecoin issuer Circle Internet Group, Inc. has again boosted its initial public offering to $1.05 billion, pricing its shares above its previous marketed range. The USDC (USDC) stablecoin manager said on June 4 that it will now look to offer 34 million shares at a price of $31 each when it debuts on the New York Stock Exchange on June 5. Read more

Circle is poised to price its initial public offering above its marketed range after receiving investor orders for more than 25x the number of shares available, Bloomberg reported on June 4, citing people familiar with the matter. The stablecoin issuer and its backers are offering 32 million shares at a price range of $27 to […] The post Circle set to exceed IPO expectations after overwhelming investor demand appeared first on CryptoSlate.

Ripple CEO Brad Garlinghouse said the company never tried to buy Circle, countering reports of a multibillion-dollar takeover bid. Georgetown Law professor Chris Brummer said Garlinghouse told him during an on-stage interview at a private event in Las Vegas on June 1 that Ripple “never pursued an acquisition of Circle” and the topic was not […] The post Brad Garlinghouse denies Ripple’s reported $5 billion bid to acquire Circle appeared first on CryptoSlate.

Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC). The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised […] The post Circle boosts IPO amid strong investor interest, eyes $7.2B valuation appeared first on CryptoSlate.

Circle has increased its IPO target to $896 million amid rising investor interest, growing stablecoin adoption and a more favorable US regulatory environment. Update (June 2 at 2:42 pm UTC): This article has been updated to include a statement from Circle. Major stablecoin issuer Circle has increased its initial public offering (IPO) target to $896 million. According to a June 2 filing to the US Securities and Exchange Commission (SEC), Circle now plans to offer up to 32 million shares at an IPO price range of $27 to $28 per share, an increase from the previous offering of 24 million shares priced between $24 and $26. Read more

BlackRock plans to acquire approximately 10% of the shares offered in Circle’s initial public offering (IPO), Bloomberg News reported on May 28. People familiar with the matter said Circle and its shareholders, including co-founder and CEO Jeremy Allaire, are seeking to raise $624 million through the offering.  Orders for the offering have reportedly exceeded the […] The post BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO appeared first on CryptoSlate.

Circle filed for an initial public offering on Tuesday.