Express

Hong Kong Media: Circle's IPO Sees Over 5-Fold Increase in One Month, With Everbright Holdings Becoming Shareholder in 2016

Summary: According to reports, global second-largest stablecoin USDC issuer Circle was listed on NASDAQ on June 5th, experiencing over a 5-fold increase in just over a month. It is reported that Everbright Holdings became a shareholder of Circle in 2016, while Huaxing Capital invested in Circle in 2018. Analysts point out that the stablecoin's 'iPhone moment' ...

According to reports, global second-largest stablecoin USDC issuer Circle was listed on NASDAQ on June 5th, experiencing over a 5-fold increase in just over a month. It is reported that Everbright Holdings became a shareholder of Circle in 2016, while Huaxing Capital invested in Circle in 2018. Analysts point out that the stablecoin's 'iPhone moment' is rapidly approaching investors, with the market generally believing that stablecoins are poised to reshape the global payment and financial landscape. (Hong Kong Commercial Daily)

  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago
  • Bitcoin Surges to New Highs, Momentum Points to Further Gains 11 days ago
  • You need to login to comment.