A toxic trend that suggests the IPO window is slamming shut for most crypto companies ignored Circle
When Circle’s shares opened at $69 on the New York Stock Exchange in June, greater than double the $31 pricing, it appeared like validation. Investors paid up for a regulated stablecoin issuer with actual revenues, treating USDC rails as monetary infrastructure quite than speculative crypto publicity. Six months later, Circle trades at $82.58, up almost…
