Tech IPO smash reveals something shocking
A monster trading debut has major implications for multiple markets.
Last week, a company that most people outside of the crypto field hadn’t heard of became the toast of Wall Street.
Circle Internet Group (CRCL) , typically referred to as Circle, is a peer-to-peer digital payments company, but it's best known for issuing the Stabecoin, a digital asset whose value is pegged to the U.S. dollar. The newly minted stock began trading on the New York Stock Exchange on June 5, quickly catching the attention of many investors.
