Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Circle Internet Group (CRCL US): Rounded US & Global Index Inclusion & Upweight

Why Amazon Issuing Stablecoins Could Negatively Impact Samsung Card's Share Price

Why Is LG CNS One of the Hottest Stocks in Korea in the Past One Month? Answer: Stablecoin Platform

Tech Talk: Stablecoin and US Legislation Is US Congress Finally Stepping Up to Crypto?

Visa Inc.: Will Its Stablecoin & Crypto Integration Pay Off Big?

Circle Internet Group (CRCL): Ark, BlackRock to Anchor Oversubscribed Stablecoin IPO

Circle Internet Group (CRCL): Acquisition Target Moves Ahead with IPO

Douglas Research Advisory

Equity Capital Markets

Circle Internet Group / Equity Capital Markets

<ul>
<li>Circle raised both the IPO shares to be issued and IPO price range. New IPO price range is $27 to $28 per share (from $24 to $26 per share previously).</li>
<li>We have a Positive View of the Circle due to its status as the second largest issuer of stablecoins globally, rapidly increasing user base and sales, and improving profit margins. </li>
<li>Major risk factors of this IPO include CBDCs, centralization, cyberattacks, and potential government crackdown. </li>
</ul>


Circle raised both the IPO shares to be issued and IPO price range. New IPO price range is $27 to $28 per share (from $24 to $26 per share previously).
We have a Positive View of the Circle due to its status as the second largest issuer of stablecoins globally, rapidly increasing user base and sales, and improving profit margins. 
Major risk factors of this IPO include CBDCs, centralization, cyberattacks, and potential government crackdown. 


Circle IPO Analysis (Second Largest Issuer of Stablecoins Globally)