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Circle's S-1 shows that it is basically a fintech and that, as of December 31, 2024, ~85% of USDC reserves were held in a BlackRock-managed money market fund (Matt Levine/Bloomberg)

Matt Levine / Bloomberg : Circle's S-1 shows that it is basically a fintech and that, as of December 31, 2024, ~85% of USDC reserves ...

1 April 2025

CoreWeave shares close up 41.8% at $52.57 in their third trading day, bouncing back above the $40 IPO price and bringing the company's market cap to ~$24.9B (Samantha Subin/CNBC)

Samantha Subin / CNBC:
CoreWeave shares close up 41.8% at $52.57 in their third trading day, bouncing back above the $40 IPO price and bringing the company's market cap to ~$24.9B  —  CoreWeave's stock popped nearly 42% on Tuesday, bouncing back above its initial public offering price following a lackluster second trading day on the public markets.

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