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Circle’s CRCL shares have surged 22% in pre-market trading following its NYSE debut, driven by strong institutional interest. The USDC issuer’s stock performance highlights growing confidence in blockchain-related fintech firms.
- Circle’s CRCL stock surged 22% in pre-market trading, peaking above $130 before settling at $123 at open.
- SBI Holdings invested $50 million in Circle, aligning with plans to expand USDC usage in Japan.
- DeFi analyst Ignas criticized the lack of rewards for on-chain users despite Circle’s success.
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