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Circle’s (CRCL) shares skyrocketed 234% within minutes of their NYSE debut, triggering multiple trading halts and briefly pushing its market cap above $70 billion. The explosive debut signals strong investor appetite for crypto-related IPOs.
- Circle's stock (CRCL) surged 234% to $103.75 within 30 minutes of its NYSE debut, triggering multiple trading halts.
- The IPO raised over $1 billion, with a $31 offering price implying a $21 billion market value initially.
- Industry experts predict CRCL's success will spur a wave of crypto IPOs, signaling renewed investor confidence in the sector.
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