JEFF DORMAN, the chief investment officer of ARCA, said Digital Investment Company sold all the circle stocks in accordance with the recent listing of Stablecoin Company’s recent New York Stock Exchange.
This update criticized the Circle on June 5, following the Scathing Open Letter, which Dorman published on social media on social media, to the investor’s initial contest (IPO) to the Circle’s initial contest (IPO).
According to Dorman, ARCA submitted a $ 10 million Circle shares order in April 2025 and received $ 135,000 of all of the first supporters and bids. The executives are now deleted letters:
“We ordered our commands two months ago, and we were grateful to us for our support. If we would eventually go to F (***), we could tell us two months ago, so we didn’t waste the time of the analyst and the OPS team for us that we had no intention of assigning stocks.”
Dorman said, “ARCA is closed all accounts with a circle and will no longer accept USDC.
Cointelegraph contacted the circle for opinions on the letter, but did not receive a response at the time of publication.
Circle’s public list is published by the world’s second largest Stablecoin and Circle-USD (USDC) in the Crypto industry, allowing access to the world’s deepest capital market with a total market cap of more than $ 61 billion.
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Circle writes a list of NYSE Trading Frenzy.
Circle began trading under the IPO, which raised $ 10.5 billion from NYSE according to the TIKEER CRCL on June 5.
The company’s shares surged 167% when they debuted, ending the trading day for $ 82.
The stock continued on June 6 and is currently trading about $ 115 per share.
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