温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/ur/51304.html
点击访问原文链接

Circles first week of listing ends: up 258% from opening price, market value exceeds $21 billion | Bee Network

进入原网站 导航首页
Circles first week of listing ends: up 258% from opening price, market value exceeds $21 billion | Bee Network Login ٹرینڈنگ نیوز میمی لانچ پیڈ اے آئی ایجنٹس DeSci TopChainExplorer نیوبی کے لیے 100x سکے مکھی کا کھیل ضروری ویب سائٹس اے پی پی کا ہونا ضروری ہے۔ کرپٹو مشہور شخصیات DePIN Rookies ضروری ٹریپ ڈیٹیکٹر بنیادی ٹولز اعلی درجے کی ویب سائٹس تبادلہ NFT ٹولز ہیلو، باہر جائیں ویب 3 کائنات کھیل ڈی اے پی پی شہد کی مکھیوں کا چھتا بڑھتا ہوا پلیٹ فارم AD تلاش کریں۔ انگریزی سکے ریچارج کریں۔ لاگ ان کریں ڈاؤن لوڈ کریں ویب 3 یونی کھیل ڈی اے پی پی شہد کی مکھیوں کا چھتا AD گھر•تجزیہ•مرکزی متن Circles first week of listing ends: up 258% from opening price, market value exceeds $21 billionتجزیہ9 ماہ پہلے更新وائٹ 29,142 60 اصل | روزانہ سیارہ روزانہ ( @OdailyChina )

مصنف: جے کے

Circle (stock code: CRCL), the worlds leading stablecoin issuer, was officially listed on the New York Stock تبادلہ on Thursday, becoming the first company in the stablecoin field to successfully IPO. As the leader in the stablecoin track, Circle has the status of US compliance, the first listing, and a status similar to Coinbase. This listing naturally attracted great attention from traditional financial and Web3 investors, and is also regarded as an important milestone for the کرپٹو financial infrastructure to fully move towards the mainstream capital market.

The stock price soared nearly 170% on the first day, and the current market value exceeded US$21 billion Circle’s stock price trend can be summed up in four words: it keeps rising.

Circle publicly issued 34 million common shares at an issue price of $31 per share , raising nearly $1.1 billion. On the first day of listing, CRCL opened at $69, and triggered trading suspensions several times during the day due to volatile fluctuations, rising to $103.75 at its highest, and finally closed at $83.23, an increase of 168%. Based on the closing price of the transaction, Circles market value reached $18.4 billion; if dilutive interests such as options and warrants are included, the total valuation can reach $21.4 billion.

On Friday, CRCLs stock price continued to rise, closing at $107.7 on Friday and trading at $111.15 after hours, up about 29.4% from the previous trading day. At this time, Circles market value has reached about $21.6 billion.

The worlds second largest stablecoin issuer, USDCs market value exceeds $60 billion Circle was founded in 2013 and initially focused on cross-border fiat payment business . Its main products are USDC, a stablecoin anchored to the US dollar, and EUDC, anchored to the euro. As of the end of the first quarter of 2025, the total market value of USDC was US$59.976 billion, accounting for about 29% of the global stablecoin market share, second only to Tethers USDT (market value of about US$153.8 billion).

Circle earns risk-free interest income by investing the users deposited US dollar reserves in safe assets such as short-term US Treasury bonds and cash, and uses this to support the 1: 1 exchange mechanism of USDC. According to the prospectus, Circle will realize a total revenue of US$1.676 billion in 2024, of which about 99% is reserve interest income.  

It is worth noting that Circles revenue is highly dependent on interest rates, with about 99% of its revenue coming from reserve interest. Once interest rates fall, its profitability may be affected.

Solid financial performance and continued improvement in profitability In recent years, Circles revenue and profitability have steadily increased. From 2022 to 2024, Circles revenue was $772 million, $1.45 billion, and $1.676 billion, respectively; net profit from continuing operations was -$760 million, $271 million, and $157 million, respectively. In the first quarter of 2025, the companys revenue was $579 million, a year-on-year increase of 58.6% ; profit from continuing operations was $92.94 million, and net profit was $64.79 million.

The adjusted EBITDA (Non-GAAP) indicator shows that Circle will achieve US$96.28 million, US$395 million and US$285 million in 2022, 2023 and 2024, respectively, and US$122 million in the first quarter of 2025, an increase of nearly 60% over the same period last year.

However, the company is also facing pressure from rising distribution costs, especially as revenue sharing with strategic partners such as Coinbase has increased significantly.

From “Alipay of America” to a full-link stablecoin ecosystem operator In the early days, Circle was known as the American version of Alipay for its Circle Pay product. Since then, it has gradually shifted to a financial infrastructure layout centered on stablecoins. In 2018, Circle and Coinbase jointly established Centre Consortium and jointly launched USDC. In August 2023, Circle spent approximately US$209.9 million to repurchase Coinbases 50% stake in Centre and completely regain control of USDC. The transaction was completed with 8.4 million shares of Circle common stock. Centre then became a wholly-owned subsidiary of Circle and was dissolved at the end of the year. The relevant assets were integrated into the Circle system.

During its long-term development, Circle has received multiple rounds of capital support from investors including IDG Capital, Accel, General Catalyst, Breyer Capital, Baidu, Wanxiang, Everbright Holdings, CICC, and Silver Lake Founding Partners.

Industry perspective: Crypto financial infrastructure fully enters the capital market
Circles listing coincides with a strong rebound in the crypto market. Driven by the Trump administrations more friendly stance toward the crypto industry, Bitcoin recently broke through a record high of $110,000, and the share prices of related companies such as Coinbase, Robinhood, and Galaxy Digital rose sharply. Circles successful listing will bring two major changes to the stablecoin market and even the compliant crypto market:

As a listed company, Circle is required to regularly and thoroughly disclose the composition of its reserves (such as the combination of U.S. bonds and cash specified in the prospectus), audit results, and core financial details (such as 99% of its revenue comes from interest on reserves). This unprecedented transparency standard will create strong industry pressure, forcing other stablecoin issuers, especially those whose operations are not transparent enough, to improve the level of information disclosure and squeeze the space for black box operations.

In terms of financial system integration, Circles listing on the New York Stock Exchange has opened up an important channel for traditional capital to enter the stablecoin track. Traditionally relatively conservative large institutional investors such as pension funds and index funds can now indirectly allocate stablecoin infrastructure tracks by purchasing CRCL shares, avoiding the complex thresholds and high regulatory risks of direct investment in cryptocurrencies. At the same time, the strong credibility endorsement brought by the listing will greatly increase the acceptance and trust of institutions in USDC as trusted on-chain cash, and promote more traditional financial institutions to adopt USDC as a key bridge asset for innovative scenarios such as cross-border settlement, treasury bond tokenization, and real-time payment.

Next week Circle will enter its second week since its listing, and Odaily will continue to track price trends for you.

This article is sourced from the internet: Circles first week of listing ends: up 258% from opening price, market value exceeds $21 billion

Related: 24H Hot Coins and News | BTC holdings of listed companies increased by 16.1% in Q1 this year; ERC-7786 discussion will b 1. Popular currencies on CEX CEX top 10 trading volume and 24-hour rise and fall: BTC: -1.70% ETH: -2.39% SOL: -3.18% OM: + 27.98% DOGE: -3.06% XRP: -2.05% WCT: +56.75% SUI: -4.27% PEPE: -3.35% Trump: -1.09% 24H increase list (data source: OKX): AIDOGE: +70.98% WCT: +56.20% SNT: +49.23% GAS: +32.52% OM: +28.46% OL: +13.44% AERGO: +12.84% MENGO: +8.20% BAL: +8.16% ANIME: +8.07% 2. 24H hot search currencies RFC: Musk Concept Meme Project; OM: RWA block project. Headlines Bitwise: Bitcoin holdings of listed companies increased by 16.1% in Q1 2025 Data disclosed by Bitwise shows that the Bitcoin holdings of listed companies increased by 16.1% in the first quarter of 2025, reaching about 688,000. The top five companies are: Strategy, MARA, Riot, CleanSpark and Tesla. (Cointelegraph) Ethereum Foundation member: ERC-7786 will…

# تجزیہ# بٹ کوائن# کرپٹو# ایکسچینج# مارکیٹ# ٹوکن# web3© 版权声明صف 上一篇 Weekly Editors Picks (0531-0606) 下一篇 YZi Labs takes action, making two bets in seven years. Is hardware wallet still a good business? 相关文章 Dialogue with Solana Node: Who is making a fortune in silence behind Memecoin? 6086cf14eb90bc67ca4fc62b 36,524 2 24H Hot Coins and News | The Trump family made $57.7 million from the cryptocurrency business; Binance Alpha token tradi 6086cf14eb90bc67ca4fc62b 29,811 2 From social media to super app, X’s evolution 6086cf14eb90bc67ca4fc62b 31,815 3 BitMart Expands TradeFi Layout, Covering Multiple Types of Traditional Financial Assets Globally 6086cf14eb90bc67ca4fc62b 10,142 Zoth and Plume strategically partner with SC Ventures’ Olea to launch blockchain trade finance solution 6086cf14eb90bc67ca4fc62b 40,338 4 Test of Bitget GetAgent: From leek to open card king is just one AI assistant 6086cf14eb90bc67ca4fc62b 28,535 1 کوئی تبصرہ نہیں آپ کو ایک تبصرہ چھوڑنے کے لیے لاگ ان ہونا چاہیے! فوری طور پر لاگ ان کریں۔ کوئی تبصرہ نہیں... Bee.com دنیا کا سب سے بڑا Web3 پورٹل شراکت دار سکے کارپ بائننس CoinMarketCap سکے گیکو سکے لائیو آرمر Bee Network APP ڈاؤن لوڈ کریں اور web3 کا سفر شروع کریں۔ سفید کاغذ کردار عمومی سوالات © 2021–2026۔ جملہ حقوق محفوظ ہیں۔. رازداری کی پالیسی | سروس کی شرائط Bee Network APP ڈاؤن لوڈ کریں۔ اور ویب 3 کا سفر شروع کریں۔ دنیا کا سب سے بڑا Web3 پورٹل شراکت دار CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors سفید کاغذ کردار عمومی سوالات © 2021–2026۔ جملہ حقوق محفوظ ہیں۔. رازداری کی پالیسی | سروس کی شرائط تلاش کریں۔ تلاش کریں۔InSiteآنچینسماجیخبریں 热门推荐: ایئر ڈراپ ہنٹرز ڈیٹا تجزیہ کرپٹو مشہور شخصیات ٹریپ ڈیٹیکٹر اردو English 繁體中文 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia हिन्दी Русский اردو

智能索引记录