Circle Valued at $18 Billion After Second-Largest Crypto IPO Ever
- Circle has surged nearly 170% since its IPO on Wall Street, marking the largest crypto IPO since Coinbase in 2021.
- Other crypto companies, such as Ripple and Kraken, are expected to follow suit.
- Circle's profits pale in comparison to those of competitor Tether, which lacks transparency and sometimes prefers to avoid regulation.
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