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Circle’s Crazy IPO Hides A $3 Billion Sacrifice

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Circle CEO or crypto mascot (cartoon style, elegant costume), smiling, raising one arm and holding a golden IPO bell. A large bag marked “$3,000,000,000” torn open, with bills falling to the ground without the character noticing.

Circle's IPO made history on Wall Street with the largest two-day gain since 1980. However, behind this spectacular performance lies a troubling paradox: the issuer of USDC literally forfeited 3 billion dollars to institutional investors. How can this colossal financial sacrifice be explained?

L’article Circle’s Crazy IPO Hides A $3 Billion Sacrifice est apparu en premier sur Cointribune.

1d ago
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