Photo illustration: Axios Visuals. Photo: Courtesy of Circle
Circle became the most notable crypto listing since 2021 Thursday, raising over $1 billion from the listing, and rocketing 167% higher in its first day on the NYSE to close at $82.84.
Why it matters: Circle's IPO marks a major milestone for stablecoin adoption and underscores a pivotal moment as regulators weigh new rules for digital assets.