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Circle IPO soars giving hope to more startups waiting to go public

Circle IPO soars giving hope to more startups waiting to go public

Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day.

The IPO pop demonstrates public market investors’ interest in cryptocurrencies and stablecoins in particular amid the Trump administration’s supportive stance on crypto assets.

The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for upcoming listings. Imminent IPOs include Omada Health, which is pricing on Thursday, and Klarna, a fintech that’s set to list next week.  

The company’s IPO price, at which shares it sold shares, set its initial market value at $6.1 billion, a figure that fell short of Circle’s last private market valuation of $7.7 billion, set it April 2021 when the company raised a $400 million Series F in April 2021, according to PitchBook data.  

But the big pop cleaned that up and then some. Circle’s market capitalization (excluding employee options) stood at $16.7 billion by the close of trading. And the company raised about $1.1 billion in the offering.

Circle joins a growing list of companies whose IPOs are priced below their private market highs, including recent ‘down-round’ offerings from healthtech Hinge, contractor platform ServiceTitan, and social network Reddit. So that’s not likely to dissuade startups looking for signs that now is the right time to go public.

Circle’s successful IPO comes three years after Circle’s previous attempt at going public. The stablecoin issuer had plans to combine with a SPAC in 2022 at a $9 billion valuation.

The company’s largest outside shareholders are General Catalyst, which held approximately 8.9% of all stock before the offering, and IDG Capital, which owned 8.8% of all shares. Other significant venture investors include Accel, Breyer Capital and Oak Investment Partners, according to the S1.

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#Circle #IPO #soars #giving #hope #startups #waiting #public

Minus Zero is set in 1949, two years after the first movie, “and continues the story of the Shikishima family as they face an all-new calamity,” according to the official logline. Apparently that includes shifting the setting from Tokyo to New York, as we see Godzilla right next to the Statue of Liberty. Stars Ryunosuke Kamiki and Minami Hamabe will be reprising their roles, while director Takashi Yamazaki — who is also making a giant robot movie called Grandgear — will once again be helming the film. Toho also says that Minus Zero will be the first Japanese movie filmed for IMAX.

It’s a busy time for the world’s most famous kaiju, who will also be appearing in the next entry in Legendary’s monsterverse with Godzilla x Kong: Supernova, and is currently featured in the Apple TV series Monarch: Legacy of Monsters. Godzilla Minus Zero, meanwhile, hits theaters on November 6th.

#Godzilla #stomps #York #teaser #trailerEntertainment,Film,News">Godzilla Minus Zero stomps through New York in first teaser trailer*insert Godzilla screeching sound* Here’s the very first look at the next big kaiju feature. Godzilla Minus Zero will continue the story of 2023’s Godzilla Minus One, which returned the franchise to the more grounded tone established in the original film, and while the new teaser trailer doesn’t show a whole lot, it suggests some big things for the series.Minus Zero is set in 1949, two years after the first movie, “and continues the story of the Shikishima family as they face an all-new calamity,” according to the official logline. Apparently that includes shifting the setting from Tokyo to New York, as we see Godzilla right next to the Statue of Liberty. Stars Ryunosuke Kamiki and Minami Hamabe will be reprising their roles, while director Takashi Yamazaki — who is also making a giant robot movie called Grandgear — will once again be helming the film. Toho also says that Minus Zero will be the first Japanese movie filmed for IMAX.It’s a busy time for the world’s most famous kaiju, who will also be appearing in the next entry in Legendary’s monsterverse with Godzilla x Kong: Supernova, and is currently featured in the Apple TV series Monarch: Legacy of Monsters. Godzilla Minus Zero, meanwhile, hits theaters on November 6th.#Godzilla #stomps #York #teaser #trailerEntertainment,Film,News

2023’s Godzilla Minus One, which returned the franchise to the more grounded tone established in the original film, and while the new teaser trailer doesn’t show a whole lot, it suggests some big things for the series.

Minus Zero is set in 1949, two years after the first movie, “and continues the story of the Shikishima family as they face an all-new calamity,” according to the official logline. Apparently that includes shifting the setting from Tokyo to New York, as we see Godzilla right next to the Statue of Liberty. Stars Ryunosuke Kamiki and Minami Hamabe will be reprising their roles, while director Takashi Yamazaki — who is also making a giant robot movie called Grandgear — will once again be helming the film. Toho also says that Minus Zero will be the first Japanese movie filmed for IMAX.

It’s a busy time for the world’s most famous kaiju, who will also be appearing in the next entry in Legendary’s monsterverse with Godzilla x Kong: Supernova, and is currently featured in the Apple TV series Monarch: Legacy of Monsters. Godzilla Minus Zero, meanwhile, hits theaters on November 6th.

#Godzilla #stomps #York #teaser #trailerEntertainment,Film,News">Godzilla Minus Zero stomps through New York in first teaser trailer

*insert Godzilla screeching sound* Here’s the very first look at the next big kaiju feature. Godzilla Minus Zero will continue the story of 2023’s Godzilla Minus One, which returned the franchise to the more grounded tone established in the original film, and while the new teaser trailer doesn’t show a whole lot, it suggests some big things for the series.

Minus Zero is set in 1949, two years after the first movie, “and continues the story of the Shikishima family as they face an all-new calamity,” according to the official logline. Apparently that includes shifting the setting from Tokyo to New York, as we see Godzilla right next to the Statue of Liberty. Stars Ryunosuke Kamiki and Minami Hamabe will be reprising their roles, while director Takashi Yamazaki — who is also making a giant robot movie called Grandgear — will once again be helming the film. Toho also says that Minus Zero will be the first Japanese movie filmed for IMAX.

It’s a busy time for the world’s most famous kaiju, who will also be appearing in the next entry in Legendary’s monsterverse with Godzilla x Kong: Supernova, and is currently featured in the Apple TV series Monarch: Legacy of Monsters. Godzilla Minus Zero, meanwhile, hits theaters on November 6th.

#Godzilla #stomps #York #teaser #trailerEntertainment,Film,News
Fluidstack, a startup that builds specialized data centers for AI companies, is in talks to raise a $1 billion round at an $18 billion valuation, potentially led by Jane Street, Bloomberg reports.

Should this deal come to fruition, it would more than double Fluidstack’s valuation in a matter of months.

In December, the company was reportedly raising around $700 million at a $7.5 billion valuation, sources told Bloomberg at the time, although it didn’t formally announce the close of that round. That round was said to be led by Situational Awareness, an AGI-focused fund founded by former OpenAI researcher Leopold Aschenbrenner, and backed by Stripe’s Collison brothers, former GitHub CEO Nat Friedman, and the AI investor and entrepreneur Daniel Gross.

Talks were apparently still ongoing for this round in February, at least with Google, which was considering kicking in $100 million to the round, The Wall Street Journal reported.

There’s good reason for the hype over Fluidstack. In November, Anthropic announced that it had signed a $50 billion deal with the startup to build data centers custom-designed for its needs in Texas and New York. Unlike hyperscalers like AWS, which serve all kinds of computing needs, Fluidstack’s infrastructure is built specifically for AI.

The deal was a huge vote of confidence for Fluidstack, a company that was relatively unknown in the U.S. Anthropic primarily uses AWS and Google Cloud to serve Claude (though it also has a partnership with Microsoft to supply Claude to that software giant’s customers). But just like rival OpenAI, Anthropic is growing so fast that it needs more capacity, and this deal gives Anthropic more control over its own cloud infrastructure.

This partnership is so significant to the startup that Fluidstack — which was spun out of Oxford and had been a rising star in Europe’s AI scene — relocated its headquarters from the U.K. to New York. Last month, it also pulled out of a key €10 billion AI project in France, Bloomberg reported, to focus on U.S. opportunities.

Techcrunch event

San Francisco, CA | October 13-15, 2026

In addition to Anthropic, it counts Meta, Poolside, Black Forest Labs, and others as customers. Prior to the deal with Anthropic, Fluidstack was probably best known for providing infrastructure to Mistral.

Fluidstack did not respond to a request for comment.

#data #center #startup #Fluidstack #talks #18B #valuation #months #hitting #7.5B #report #TechCrunchdata centers,fluidstack,neocloud">AI data center startup Fluidstack in talks for B round at B valuation months after hitting .5B, says report | TechCrunch
Fluidstack, a startup that builds specialized data centers for AI companies, is in talks to raise a  billion round at an  billion valuation, potentially led by Jane Street, Bloomberg reports.

Should this deal come to fruition, it would more than double Fluidstack’s valuation in a matter of months.







In December, the company was reportedly raising around 0 million at a .5 billion valuation, sources told Bloomberg at the time, although it didn’t formally announce the close of that round. That round was said to be led by Situational Awareness, an AGI-focused fund founded by former OpenAI researcher Leopold Aschenbrenner, and backed by Stripe’s Collison brothers, former GitHub CEO Nat Friedman, and the AI investor and entrepreneur Daniel Gross.

Talks were apparently still ongoing for this round in February, at least with Google, which was considering kicking in 0 million to the round, The Wall Street Journal reported.

There’s good reason for the hype over Fluidstack. In November, Anthropic announced that it had signed a  billion deal with the startup to build data centers custom-designed for its needs in Texas and New York. Unlike hyperscalers like AWS, which serve all kinds of computing needs, Fluidstack’s infrastructure is built specifically for AI.

The deal was a huge vote of confidence for Fluidstack, a company that was relatively unknown in the U.S. Anthropic primarily uses AWS and Google Cloud to serve Claude (though it also has a partnership with Microsoft to supply Claude to that software giant’s customers). But just like rival OpenAI, Anthropic is growing so fast that it needs more capacity, and this deal gives Anthropic more control over its own cloud infrastructure.

This partnership is so significant to the startup that Fluidstack — which was spun out of Oxford and had been a rising star in Europe’s AI scene — relocated its headquarters from the U.K. to New York. Last month, it also pulled out of a key €10 billion AI project in France, Bloomberg reported, to focus on U.S. opportunities.

	
		
		Techcrunch event
		
			
			
									San Francisco, CA
													|
													October 13-15, 2026
							
			
		
	


In addition to Anthropic, it counts Meta, Poolside, Black Forest Labs, and others as customers. Prior to the deal with Anthropic, Fluidstack was probably best known for providing infrastructure to Mistral.

Fluidstack did not respond to a request for comment.
#data #center #startup #Fluidstack #talks #18B #valuation #months #hitting #7.5B #report #TechCrunchdata centers,fluidstack,neocloud

Bloomberg reports.

Should this deal come to fruition, it would more than double Fluidstack’s valuation in a matter of months.

In December, the company was reportedly raising around $700 million at a $7.5 billion valuation, sources told Bloomberg at the time, although it didn’t formally announce the close of that round. That round was said to be led by Situational Awareness, an AGI-focused fund founded by former OpenAI researcher Leopold Aschenbrenner, and backed by Stripe’s Collison brothers, former GitHub CEO Nat Friedman, and the AI investor and entrepreneur Daniel Gross.

Talks were apparently still ongoing for this round in February, at least with Google, which was considering kicking in $100 million to the round, The Wall Street Journal reported.

There’s good reason for the hype over Fluidstack. In November, Anthropic announced that it had signed a $50 billion deal with the startup to build data centers custom-designed for its needs in Texas and New York. Unlike hyperscalers like AWS, which serve all kinds of computing needs, Fluidstack’s infrastructure is built specifically for AI.

The deal was a huge vote of confidence for Fluidstack, a company that was relatively unknown in the U.S. Anthropic primarily uses AWS and Google Cloud to serve Claude (though it also has a partnership with Microsoft to supply Claude to that software giant’s customers). But just like rival OpenAI, Anthropic is growing so fast that it needs more capacity, and this deal gives Anthropic more control over its own cloud infrastructure.

This partnership is so significant to the startup that Fluidstack — which was spun out of Oxford and had been a rising star in Europe’s AI scene — relocated its headquarters from the U.K. to New York. Last month, it also pulled out of a key €10 billion AI project in France, Bloomberg reported, to focus on U.S. opportunities.

Techcrunch event

San Francisco, CA | October 13-15, 2026

In addition to Anthropic, it counts Meta, Poolside, Black Forest Labs, and others as customers. Prior to the deal with Anthropic, Fluidstack was probably best known for providing infrastructure to Mistral.

Fluidstack did not respond to a request for comment.

#data #center #startup #Fluidstack #talks #18B #valuation #months #hitting #7.5B #report #TechCrunchdata centers,fluidstack,neocloud">AI data center startup Fluidstack in talks for $1B round at $18B valuation months after hitting $7.5B, says report | TechCrunch

Fluidstack, a startup that builds specialized data centers for AI companies, is in talks to raise a $1 billion round at an $18 billion valuation, potentially led by Jane Street, Bloomberg reports.

Should this deal come to fruition, it would more than double Fluidstack’s valuation in a matter of months.

In December, the company was reportedly raising around $700 million at a $7.5 billion valuation, sources told Bloomberg at the time, although it didn’t formally announce the close of that round. That round was said to be led by Situational Awareness, an AGI-focused fund founded by former OpenAI researcher Leopold Aschenbrenner, and backed by Stripe’s Collison brothers, former GitHub CEO Nat Friedman, and the AI investor and entrepreneur Daniel Gross.

Talks were apparently still ongoing for this round in February, at least with Google, which was considering kicking in $100 million to the round, The Wall Street Journal reported.

There’s good reason for the hype over Fluidstack. In November, Anthropic announced that it had signed a $50 billion deal with the startup to build data centers custom-designed for its needs in Texas and New York. Unlike hyperscalers like AWS, which serve all kinds of computing needs, Fluidstack’s infrastructure is built specifically for AI.

The deal was a huge vote of confidence for Fluidstack, a company that was relatively unknown in the U.S. Anthropic primarily uses AWS and Google Cloud to serve Claude (though it also has a partnership with Microsoft to supply Claude to that software giant’s customers). But just like rival OpenAI, Anthropic is growing so fast that it needs more capacity, and this deal gives Anthropic more control over its own cloud infrastructure.

This partnership is so significant to the startup that Fluidstack — which was spun out of Oxford and had been a rising star in Europe’s AI scene — relocated its headquarters from the U.K. to New York. Last month, it also pulled out of a key €10 billion AI project in France, Bloomberg reported, to focus on U.S. opportunities.

Techcrunch event

San Francisco, CA | October 13-15, 2026

In addition to Anthropic, it counts Meta, Poolside, Black Forest Labs, and others as customers. Prior to the deal with Anthropic, Fluidstack was probably best known for providing infrastructure to Mistral.

Fluidstack did not respond to a request for comment.

#data #center #startup #Fluidstack #talks #18B #valuation #months #hitting #7.5B #report #TechCrunchdata centers,fluidstack,neocloud

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