<ul><li>Circle's Wall Street debut saw its stock price surge past $138 just days after going public, with a strong rally following strategic moves and interest from major investors like ARK Invest and Japan's SBI Group.</li><li>SBI Holdings and SBI Shinsei Bank's $50 million investment in Circle facilitated the company's expansion into Japan and the tightly regulated Japanese crypto market, potentially challenging Tether's dominance in Asia's stablecoin ecosystem.</li><li>ARK Invest acquired nearly 4.5 million Circle shares on the first trading day, worth $373 million, showing growing interest in blockchain infrastructure companies. ARK funded this purchase by selling shares in Coinbase, Robinhood, and Block.</li><li>Circle's market cap surge is attributed to the growing role of USDC in global finance, with investors banking on stablecoin's expansion. With strong backers like SBI and ARK, Circle is well-positioned to drive stablecoin adoption in traditional and crypto markets.</li></ul>

Circle Shares Extend Rally, Gain 15% on Monday to Hit $134 After Strong IPO

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