Circle's shares spike 123% in NYSE debut — valuing crypto giant at $18B
1. Circle's IPO surged 123%, opening at $69, boosting valuation to $18 billion. 2. Circle raises $1.1 billion via 34 million shares in its NYSE debut. 3. USD Coin (USDC) is the world's second-largest stablecoin by market cap. 4. ARK Investment plans to buy up to $150 million in Circle shares. 5. Senate advances GENUIS Act for stablecoin regulatory framework.