IPO
Coverage Timeline
newest firstAll Coverage
IPO
Coinbase's Circle Renewal Is a Preview of Crypto's IPO Math
Coinbase renewing its Circle revenue-sharing deal even as trading revenue fell 19% for a third straight quarter shows crypto public companies leaning on stable, subscription-like income to offset volatile trading revenue.
BIG TECH
Coinbase Revenue Falls 19% in Q2, Renews Circle Deal
BIG TECH$1.2B, -19% YoY
Coinbase Revenue Falls 19% in Q2, Renews Circle Deal
Coinbase reported second-quarter revenue fell 19% to $1.2 billion, its third consecutive quarterly decline, even as the exchange renewed its lucrative USDC revenue-sharing agreement with Circle on existing terms.
REGULATION
Circle Wins Final OCC Approval for a National Trust Bank
REGULATION
Circle Wins Final OCC Approval for a National Trust Bank
The Office of the Comptroller of the Currency granted Circle final approval to operate Circle National Trust, letting the USDC issuer hold its own reserves directly for the first time, and shares jumped as much as 16% intraday.