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Circle Internet Group has priced a secondary offering of 10 million Class A shares at $130 per share, marking a 320% premium to its June IPO price of $31, as the stablecoin issuer capitalizes on explosive investor demand following record USDC circulation growth and strong Q2 earnings results. Circle

Arthur Hayes, the co-founder and former CEO of BitMEX, has recently cast doubt on the valuation and market prospects of Circle, the issuer behind the USDC stablecoin. Hayes, known for his critical insights on the cryptocurrency market, argued that Circle’s business model cannot compete with Tether,

Bullish, the digital asset exchange supported by tech billionaire Peter Thiel, is taking a major step toward entering the public market. The company has confidentially filed with the U.S. Securities and Exchange Commission for an Initial Public Offering, according to sources cited by the Financial T