Here’s what happened in crypto today
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Circle announced the launch of its initial public offering (IPO) on the New York Stock Exchange (NYSE), Bitcoin bull Michael Saylor advised against proof-of-reserves, and Dubai has launched the Middle East’s first tokenized real estate project.
Circle, the issuer of USDC (USDC), the second-largest stablecoin by market capitalization, has launched an IPO of 24 million shares of its Class A common stock, the company said on May 27.
The firm has applied to list its Class A common stock on the NYSE under the ticker symbol CRCL. As part of the offering, Circle is issuing 9.6 million shares of Class A common stock, the company said in a news release.
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