Keep up with what's happening in the crypto world in real-time.
All Filters (1)
Borderless CEO Kevin Lehtiniitty gives the bear case for Circle, after the firm filed an S-1 to go public in the U.S.
Singapore-based fiat-to-crypto payments provider Alchemy Pay has expanded its solution with support for Hedera's native token.
Circle's IPO filing reveals surprising revenue-sharing arrangement with Coinbase as USDC maintains stability despite market pressures.
With both Circle and OpenAI making two groundbreaking financial announcements this week, shockwaves have been sent through both the tech and finance worlds.
A trader spots a promising opportunity on a Cosmos-based exchange, initiates a USDC transfer from Ethereum, and then waits. Twenty minutes pass while market conditions shift with each second.
The American fintech firm is planning to go public following the reporting of a bumper stablecoin reserve income for 2024.
We already revisited the Dan Tapiero quote about an imminent “crypto IPO, M&A, SPAC boom.” And I wrote about the possible “feeding frenzy” coming on the M&A side.
On today's show, crypto investors await President Trump's announcement on new tariffs on goods imported into the United States. Plus, Circle, the company behind the USDC stablecoin, has filed for an initial public offering with the SEC.
We finally have Circle's S-1 and, honestly, it's just as juicy as I had hoped.
Circle Internet Group is looking to become a publicly-traded company, filing for an IPO. It plans to use the ticker 'CRCL.
Sony Electronics Singapore partnered with Crypto.com to accept USDC payments, which is a huge step toward mainstream crypto adoption in the region.
Circle's new initial public offering (IPO) filing has shed light on its relationship with Coinbase, including the millions paid to the exchange for USDC stablecoin distribution. According to the filing, over 50% of the firm's revenue in 2024 went to Coinbase.
Sony Electronics Singapore has announced the acceptance of USDC stablecoin payments through a partnership with Crypto.com.
Cryptocurrency firm Circle has revealed surprising insights in its recent IPO filingCoinbase earns more from USD Coin (USDC) than Circle itself. Circles largest expense in 2024 was a staggering $908 million paid to Coinbase for USDC distribution.
USDC issuer Circle has filed for an IPO with the SEC, aiming for a $4-5 billion valuation, as it navigates volatile market conditions and regulatory challenges.
Circle Internet Financial, the company behind USD Coin (CRYPTO: USDC), is showing a mixed financial picture ahead of its planned public listing, with revenue up by 16%, but profitability down due to higher costs and increased redemptions. What Happened: In a post dissecting the newly filed S-1 prospectus, Matthew Sigel, Head of Digital Assets Research at VanEck, highlighted the disconnect between Circle's topline momentum and its bottom-line performance.
TL;DR Circle disclosed in its IPO filing that in 2023, it purchased the remaining 50% equity stake in Centre Consortium from Coinbase for $210 million worth of shares. This acquisition positioned Circle as the sole issuer of the USDC stablecoin, effectively dissolving the joint venture entity Centre.
Circle Internet Group, the company behind the USDC stablecoin, filed for an initial public offering on Tuesday after markets closed, as it prepares to list its shares on the New York Stock Exchange.
What happens if you build the second-largest stablecoin in the world, with over $60B in market cap – but someone else earns most of the profits? That's exactly the situation that Circle finds itself in with $USDC.
Coinbase Global is entitled to half of the residual revenue generated from reserves backing Circle's USDC stablecoin, according to new disclosures in Circle's S-1 filing. The post Coinbase Receives 50% of Circle's USDC Reserve Revenue, IPO Filing Reveals appeared first on Cryptonews.
Today, Crypto.com announced a new partnership with Sony Electronics. The partnership serves to enable direct payments in cryptocurrencies in Singapore, given that now Sony customers in Singapore can now use crypto to make purchases on Sony Store Online by paying with Crypto.com Pay.
Circle Crypto aims for a $5 billion IPO despite financial struggles, rising USDC supply, and competition.
Sony Electronics' Singapore has added cryptocurrency payments in partnership with crypto exchange Crypto.com.
Circle files for NYSE IPO valued at $4-5 billion as USDC market cap hits $60 billion amid growing stablecoin adoption and crypto-friendly regulations.
