#bitcoin
Circle, the issuer of the stablecoin USDC, successfully went public on Thursday with its shares rising by 300% from around $31 to nearly $90. This significant event indicates a shift in the overall outlook for the cryptocurrency industry. Lorenzo Valente and Ray Hadi from the digital assets team at ARK Invest suggest that Circle's successful IPO may encourage more cryptocurrency companies to consider going public, further emphasizing the sector's role as an innovator in the global financial infrastructure.
