Leo Schwartz / Fortune:

Caplight: secondary market shares of USDC stablecoin developer Circle were trading at a ~$4.8B valuation in August 2023; Circle was valued at $8B in April 2022  —  On a fateful evening in March, Jeremy Allaire sat in a Dubai hotel room as a catastrophe unfolded.

Leo Schwartz / Fortune:

Caplight: secondary market shares of USDC stablecoin developer Circle were trading at a ~$4.8B valuation in August 2023; Circle was valued at $8B in April 2022  —  On a fateful evening in March, Jeremy Allaire sat in a Dubai hotel room as a catastrophe unfolded.

Source: TechMeme
Source Link: http://www.techmeme.com/230907/p5#a230907p5