ROLLUP: Circle IPO Hits $20B | Stablecoin Summer Is On | Trump Wallet Chaos | EF Deploys Special For
Episode publishedPodcast: BanklessBankless
Transcript preview
Preview only
There it is. Huge congratulations to Circle for being crypto's second biggest IPO. Coinbase is the first. They didn't technically have an IPO, but details. So we have our second big United States company going public, and trading, Ryan. First, Circle shares were sold in the IPO at $31.31 dollars the day before. Do you know what Circle is trading at right now, about one hour into trading?
Okay. I saw something about this, but it's significantly up. Right? So, I don't know.
Has it doubled? It has more than doubled. I'm looking at it right now. It's trading at $88.50. It also hit a peak high of a hundred and $3, which is just crazy. So almost a tripling out of the gate a a tripling out of the gate of the evaluation of Circle. I
can't load this chart. It's like it's breaking the charts, David. That's why
because this chart's broken. Just type in c r c l. That's the ticker of the Circle Internet Group Inc. Apparently, that's the company name Circle Internet Group. Trading on the Nasdaq. Wow. Oh, just a green line
straight up.
Big big green line. Yeah. You're well, you're going for a weekly candle. And let me tell you, it hasn't it hasn't
been traded for me. I'll do the, how do I do shorter time
rates? Click the w and go down to one minute. There you go. $20,000,000,000 is the valuation that Circle is creating. That's crazy. People were initially pricing it at around 6. Yep. 6 or $7,000,000,000 currently trading. I mean, we're just we were one and a half hours into trading. So, you know, who knows? But it's coming in at $20,000,000,000.
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.