Circle | Crypto

Shares of the stablecoin issuer account for roughly 13% of the MVDAPP, said VanEck’s Mathew Sigel. Shares of Circle Internet Group (CRCL) hold the largest weighting in VanEck’s digital asset corporate index, highlighting the stablecoin issuer’s growing influence in the crypto economy. Circle stock makes up 13% of the MVIS Global Digital Assets Equity Index (MVDAPP), which was developed by a VanEck subsidiary to track the performance of the largest and most liquid companies in the crypto sector. That marks an increase from around 11% on Friday.  Investors can gain exposure to MVDAPP through VanEck’s Digital Transformation exchange-traded fund (ETF), which aims to track the index “as closely as possible,” according to the firm’s prospectus. Read more

Circle’s market capitalization has quickly outpaced the circulating supply of its stablecoin USDC less than a month after the company went public. Data from CryptoSlate shows that USDC’s current circulating supply is approximately $61.27 billion. Meanwhile, Circle’s market capitalization has surged to around $66.9 billion, according to figures from Yahoo Finance. Circle’s rapid valuation climb can […] The post Circle’s post-IPO valuation surges to $66.9 billion, outpaces USDC supply appeared first on CryptoSlate.

Despite the massive sale, ARK remains the eighth largest Circle holder. Cathie Wood’s ARK Invest has increased its Circle selling spree as CRCL stock surged nearly 250% since its public debut. ARK dumped another 609,175 Circle shares from its three funds for $146.2 million on Friday, according to a trade notification seen by Cointelegraph. The sale came amid a 20.4% jump in the company’s shares on Friday, closing at $240.3, or 248% above the opening price of $69 on the New York Stock Exchange on June 5. Read more

Circle skyrockets on stablecoin optimism while Bitcoin treasury firms face valuation challenges in this week's public markets roundup.

Venture capital activity in the crypto space has seen a significant rebound this month, with total investments crossing $1.5 billion by June 20, according to DeFiLlama data. This marks the strongest monthly performance since March 2025 and signals growing confidence in blockchain startups after a quieter second quarter. The raised funds are more than double […] The post Crypto funding soars past $1.5 billion in June with Circle IPO boost appeared first on CryptoSlate.

Circle, the issuer of the USD Coin (USDC) stablecoin, is edging closer to a $50 billion valuation after a major rally in its stock price. Since debuting at $31, Circle’s shares (CRCL) have climbed over 540%, now trading around $200, according to Yahoo Finance. This surge has helped push Circle’s valuation to approximately $48.4 billion […] The post Circle approaches $50B valuation amid evolving regulatory landscape in the US appeared first on CryptoSlate.

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