JLGutierrez
The Circle Internet Group (CRCL) IPO is finally here. The IPO price was $31, but CRCL quickly went up over 100% on trading debut and closed day one trading at $83.23 (168% higher than IPO price).
It’s been
Circle Internet: Scaling Beyond USDC Toward A Tokenized Economy Powerhouse
Summary
- Circle’s IPO marks a pivotal moment for crypto-native finance, signaling Wall Street’s growing embrace of regulated digital assets.
- USDC remains Circle’s core revenue engine, with reserve income surging on the back of rising stablecoin circulation and U.S. T-bill yields.
- Beyond stablecoins, Circle is expanding into programmable wallets, smart contract services, and tokenization rails—building toward a broader financial infrastructure play.
- Circle’s tangible book value stands at an estimated $7.57 per share post-IPO, implying investors are paying a steep premium at current prices.
Mandela has been a cryptocurrency enthusiast and trader since 2017. He loves coding and writing about cryptocurrencies and crypto investment strategies. He has an in-depth understanding of distributed ledger technology, the Web3 technology stack, and crypto investing. He enjoys researching and analyzing cryptocurrency projects, Web3 trends, and security tokens (digital securities). He is also a contributing writer for Seeking Alpha analyst James Foord.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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