Circle Market Cap Hits $48B After NYSE Debut
Circle Market Cap Hits $48B After NYSE Debut
馃挵 Circle's Wild Wall Street Ride
Circle's market capitalization has reached $48 billion, marking a 206% increase since its initial public offering. The stablecoin issuer's shares have shown remarkable performance since their NYSE debut earlier this month.
Key points:
- Current market cap: $48 billion
- Growth: 206% increase post-IPO
- Initial share price: $31
- Peak share price: $69
The company's successful public listing demonstrates growing institutional interest in regulated digital asset companies.
The market cap of Circle is now $48 billion. It's up 206% since the IPO announcement.
dForce RWA Vaults Face Valuation Concerns
The real-world asset (RWA) sector faces scrutiny as major project $OM encounters significant valuation issues. Reports indicate artificial demand inflation and overvaluation of assets, raising concerns about market integrity. - Project launched with promise of permissionless yield from institutional-grade RWAs - Offered curated, diversified, omni-chain exposure - Current situation may impact broader RWA market confidence Users can still access the platform via [YieldLayer](https://yieldlayer.cian.app/vaults) and [GetGems](https://getgems.io/launchpad/first-force).
Yield Agent NFT Mint Live on Element Market
The Yield Agent NFT collection is currently available for free minting on Element Market. Key details: - Total supply: 1,000 NFTs - Chain: BNB - Cost: Free mint - Platform: Element Market Yield Agents represent DeFi operatives designed to identify yield opportunities in the blockchain space. The collection aims to enhance users' ability to navigate DeFi markets and discover yield-generating opportunities. Mint your Yield Agent at [Element Market](http://element.market/drop/yield-agents)
Pendle Launches New clisBNB Pool with Multiple Yield Options
Pendle Finance has launched a new clisBNB pool offering multiple yield opportunities: - PT-clisBNB for fixed yield returns - YT-clisBNB to capture Launchpool rewards - Base slisBNB staking yield benefits **Key Features:** - PTclisBNB trading at ~18% discount - PTclisBNB now accepted as collateral on Lista Lending - Pool maturity date: October 29, 2025 The new pool enables users to optimize idle BNB/slisBNB holdings through various yield strategies on [Pendle's trading platform](https://app.pendle.finance/trade/markets).
CIAN and Bedrock DeFi Launch PreDeposit Vault with Cross-Chain Rewards
CIAN has partnered with Bedrock DeFi to launch a new BTC Yield Layer featuring multiple reward opportunities: - Earn 63x Bedrock Diamonds - Receive Babylon Points - Get 2x CIAN Points (first month bonus) - Earn Corn Points and FBTC Sparks - Generate yields from Pendle LP optimization The vault supports multiple BTC variants including uniBTC, FBTC, cbBTC, and WBTC. Key features: - Smart LP optimization via CIAN technology - Enhanced Uniswap V3 and Pendle pool management - Improved liquidity for PT trades - Simplified access to Babylon ecosystem Users can earn up to 100K Bedrock Diamonds through completion of specific tasks.