Circle Internet IPO: Stablecoin giant fetches $18 billion valuation, shares more than triple by 235% in NYSE debut
Stablecoin issuer Circle Internet’s shares more than tripled in their debut on the New York Stock Exchange on Thursday, a move expected to boost an IPO market that has struggled to regain momentum. The New York-based company’s stock opened for trading at $69 apiece, valuing the stablecoin issuer at nearly $18 billion, on a fully-diluted…