At the time of writing, the New York Stock Exchange (NYSE) listing gave Circle Internet Financial (CRCL) a fully diluted market cap hovering around $16.79 billion. Demand for the stock was heavy on Thursday, with about $34,355,443 in trading volume by midafternoon.

CRCL shares at 3 p.m. Eastern time on Thursday afternoon.

On social media, commentary poured in as users dissected the buzz around Circle’s debut. “Circle trading at $85 up from $31 IPO price,” posted crypto advocate Yano on X. “Every investment bank and CEO is staring at this number right now saying ‘it’s go time.’ Get ready for an onslaught of crypto IPOs,” Yano continued.

Others took a more playful tone, with one quip reading:

It’s funny thinking about Gensler reading about the Circle IPO in the WSJ.

Alex Thorn, head of research at Galaxy Digital, reflected on the journey stating: “When I met the Circle team in 2018 (while at Fidelity) and heard the story of their pivot to a ‘stablecoin,’ I thought they were crazy and grasping at straws. I was wrong! epic for them to go public after more than a decade of basically trying every business model in crypto.”

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。