Investors' demand for shares of Circle Internet Group (CRCL) shows no early signs of slowing down.
Last Wednesday, the USDC stablecoin issuer priced its upsized 澳洲幸运5官方开奖结果体彩网:initial public offering (IPO) at $31 per share, above its 澳洲幸运5官方开奖结果体彩网:expected range of $27 to $28. The 澳洲幸运5官方开奖结果体彩网:stock opened Thursday on the 澳洲幸运5官方开奖结果体彩网:New York Stock Exchange (NYSE) at $69 and fi🐠nished at $83.23—168% a🥂bove its IPO price.
The surge continued Friday, with shares 澳洲幸运5官方开奖结果体彩网:jumping nearly 30% to close at $107.70, and the stock was up a further 17% shortly after the opening bell Monday.
USDC is the seventh-largest cryptocurrency, per CoinMarketCap, with a market cap of about $61 billion. Bitcoin, the largest cryptocurrency with a🎃 market cap of roughly $2.14 trillion, is up 1% Monday at more than $107,500.
UPDATE—This article has been updated with the latest share price information.