BlackRock Bets Big on Circle with 10% Stake Ahead of US IPO
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Wall Street’s quiet crypto crush just got louder. BlackRock—yes, the $10 trillion gorilla—is reportedly snatching a 10% piece of Circle as the stablecoin giant preps for its U.S. market debut.
Why it matters: When traditional finance starts writing checks, regulators suddenly develop selective vision. The same folks who torched retail crypto investors now roll out the red carpet for institutional players.
The punchline: Circle’s IPO could be the ultimate irony—a ’decentralized’ crypto darling getting its valuation stamped by old-school Wall Street. Some revolution.
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