Syz the moment

The stablecoin issuer's shares closed at $83.23, marking the crypto industry's second-largest public listing. The stablecoin giant's first day as a public company saw explosive trading activity, with 47.1 million shares changing hands as the stock swung between a daily high of $103.75 and low of $66.60. The dramatic price action pushed Circle's market capitalization to $16.7 billion by the closing bell, a remarkable turnaround for a company that had priced its IPO below its previous private market valuation. Circle's successful flotation represents the largest crypto-related public listing since Coinbase's 2021 debut and marks a watershed moment for the stablecoin sector. The Boston-based company raised $1.05 billion in an upsized offering that comes three years after a failed attempt to go public through a $9 billion SPAC transaction that collapsed in 2022. Source: www.blocklead.co

Source: zerohedge

Source: Swiss Holdler

JP Morgan is now offering their clients loans against Bitcoin ETF holdings… Wall Street realizing that Bitcoin is pristine collateral. Liquid 24/7/365 globally. Source: Geiger Capital, Bloomberg

Source: @GeorgeGammon on X

Buy, sell, or hold them like crypto. No broker. No weekends. No borders. U.S. users are locked out, but overseas investors get 24/7 Wall Street with a DeFi twist. It's called xStocks. Just don’t forget: the SEC’s watching, and Binance tried this in 2021. It didn’t end well. Source: WSJ thru Mario Nawfal on X

Source: Barchart

Source: Vivek