Stablecoin firm Circle extends momentum after near 170% jump in NYSE debut
Reuters
2025-06-06 18:22:15
** Stablecoin firm Circle Internet's (CRCL.N) shares jump 13.9% to $94.81 premarket in their second day of trading
** Stock closed up 168.5% at $83.23 in their NYSE debut on Thursday after jumping as high as $103.75
** CRCL commands a $21.64 billion valuation on a fully diluted basis, as of last close
** About 47.8 million CRCL shares changed hands on Thursday, as per LSEG data
** CRCL's blockbuster $1.05 billion IPO is expected to spur other large crypto players to follow suit and go public
** NYSE President Lynn Martin said on Thursday that CRCL's IPO was a positive sign not just for crypto listings, but for IPOs in general
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