Circle shares saw a significant rise in their debut on public markets, ending the day with a 168% gain, showcasing enthusiasm for FinTechs.
Stablecoin landscape is evolving, with Circle's increased transparency through SEC filings setting a potential industry standard.
Conduit, a stablecoin-focused cross-border payments platform, secured $36 million in funding with Circle's participation, offering faster and cheaper payment alternatives.
Other FinTech investments include OatFi raising $24 million for a B2B credit network, VOX Funding obtaining a $150 million credit facility, and Banxware receiving a 10 million euro investment for SME lending solutions.