Crypto goes mainstream with Bitcoin (BTC) trading around $116,000. Three crypto exchanges IPOed recently, all of which were oversubscribed, and their stocks are soaring.
Shares of Circle Internet (CRCL 17.86%) jumped on Thursday, finishing the day up 17.8%. The rise came as the S&P 500 (^GSPC 0.85%) and Nasdaq Composite (^IXIC 0.72%) gained 0.8% and 0.7%, respectively.
Circle stock (CRCL:NYSE) soared 14% on Thursday, sending a clear signal that investors are warming up to the company's evolving role in the financial tech and crypto space.
Circle stock price has plunged in the past two months, erasing most of the gains made after its initial public offering (IPO). CRLC dropped to $114.55 last week, its lowest level since June 16.
Circle stock (NYSE: CRCL) slipped 8% on Friday, as investors digested the aftermath of its June IPO and a recent public offering that included secondary sales by insiders.
Shares of Circle Internet Group (CRCL -8.71%) took a 28.1% hit in August 2025, according to data from S&P Global Market Intelligence. The group behind the USDC (USDC -0.00%) stablecoin posted its first earnings report as a public company in the middle of the month, and it wasn't strong enough to support Circle's early price jump.
Circle and Paxos Trust reportedly devised a way to help companies verify digital asset holdings. The two firms are working with Bluprynt, a FinTech startup founded by Georgetown Law School professor Chris Brummer, Bloomberg reported Wednesday (Aug. 27).
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.