Hong Kong media: Circles stock price rose more than five times in one month after its listing. Everbright Holdings became its shareholder in 2016

2025/07/06 20:28

Odaily News Circle, the worlds second largest stablecoin USDC issuer, was listed on the New York Stock Exchange on June 5, and recorded a more than 5-fold increase in more than a month. It is reported that Everbright Holdings has become a shareholder of Circle in 2016, and China Renaissance Capital has invested in Circle in 2018. Analysis points out that the iPhone moment of stablecoins is approaching investors at a visible speed, and the market generally believes that stablecoins are expected to reshape the global payment and financial landscape. (Hong Kong Commercial Daily)

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