Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued ...

Circle Internet Group stock hasn’t behaved normally since the June 5 initial public offering. As of Friday’s close, shares of ...

Circle (CRCL) stock has surged since the stablecoin offerer's initial public offering (IPO) in early June.  Oppenheimer ...

Global Finance Magazine Stablecoin issuer Circle Internet Group's IPO shows investors are increasingly attracted to ...

Halfway into 2025, the capital raised in U.S.-listed IPOs has already reached 73% of 2024's full-year volume, according to ...

If the charter is granted by the U.S. Office of the Comptroller of the Currency, it would enable Circle to act as a custodian ...

If the national bank regulator grants Circle approval, it plans to spin up a national trust bank called First National ...

Licence would enable Circle to act as custodian for own reserves and hold crypto assets on behalf of institutional clients.

Circle is applying to create a national trust bank in the United States, a significant move following its recent initial public offering that valued the stablecoin firm at nearly $18 billion.

Circle wants a national trust bank. That’s the play. After its stock exploded post-IPO, the company filed a formal request on ...