Circle IPO soars, giving hope to more startups waiting to go public

A Stablecoin, a stablecoin, a stablecoin, put an end to $ 83.23 per share, 168% per share, the first trade day over $ 31 previous day ended.

IPO Pop demonstrates the interests of investors in the state market in CryptoDalarists and Stablecoins in crypte administration’s crypte administration.

Institutional investors in the first day trading of the circle can embody higher IPO prices for upcoming lists. About the iPos includes healthy health and a Fintech’s health, which is listed in the Omada, which is valuable on Thursday.

The company’s IPO stock price is the initial market value of $ 6.1 billion, according to Circook data, the final market price of the constituency will be worth $ 7.7 billion worth $ 7.7 billion.

But the big pop was cleaned and then cleaned. The circle was $ 16.7 billion in trade market capitalization (excluding employee options). About $ 1.1 billion gathered in the company and presentation.

The circle joins the list of low-market heights, including low prices from private market height of iPo, including health technology HingeContractor platform Servicetitantand social networking Reddit. Thus, it is not likely to cancel the beginnings, now it is the right time to go to the public.

The successful IPO of the circle is coming three years after three years after the previous attempt of the circle. Stablecoin planned to connect with a $ 9 billion assessment of a spac in 2022.

The company’s largest external shareholders are a common catalyst, which is about 8.9% of all stocks before the offer, and 8.8% of all stocks are IDG capital. Other important enterprises include Accel, Breyer Capital and Oak investors in investors. S-1.