News

BlackRock (NYSE:BLK), the world’s largest asset manager, is planning to acquire approximately 10% of Circle Internet Group’s ...
BlackRock is reportedly set to spend a huge amount to purchase shares in the upcoming IPO of Circle Internet Financial Ltd. According to sources, the organization plans to acquire about 10% of the ...
Coin Metrics noted that Circle Internet Group, the issuer of USD Coin (USDC), has seen its market capitalization surge to $63 ...
Adding to the frenzy is an investment from BlackRock, which is reportedly set to purchase 10% of the offering, per Bloomberg. Further, Cathie Wood’s Ark Invest has signaled plans to purchase up to ...
BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is ...
The asset management giant already maintains a close relationship with Circle. It manages the Circle Reserve Fund, a government money market fund that holds 90% of the reserves backing Circle’s USDC ...
Circle’s IPO benefits from rising USDC trust, strong partners, and surging revenue, despite margin pressures and long-term ...
Missed Out on the Circle IPO? This Cryptocurrency Investment Might Be the Real Winner in the Long Run (Hint: It's Not ...
Currently trading around $115 — a significant increase from its IPO reference price of $31 — the company has attracted ...
(Bloomberg) -- BlackRock Inc. plans to acquire about 10% of the shares offered in Circle Internet Group Inc.’s initial public offering, according to people familiar with the matter, as the ...
The company will increase revenue is by increasing reserves, which grow through more use of its stablecoins. Circle's revenue exploded from $772 million in 2022 to roughly $1.45 billion in 2023. In ...
BlackRock BLK, the world’s largest asset manager, is planning to acquire approximately 10% of Circle Internet Group’s initial public offering, representing a significant vote of confidence in ...