How to buy shares in Funding Circle
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. ...
- Search the platform for stock code: FCH in this case.
- Research Funding Circle shares. ...
- Buy your Funding Circle shares. ...
Full Answer
Can You Buy Circle Stock on the NYSE?
Now, with the announcement of their listing later this year, anyone will be able to buy Circle stock on the NYSE once the company’s shares start to trade in the secondary market.
How to invest in circle (circle)?
While actually purchasing equity in Circle is quite difficult, there is a way to make an indirect investment in Circle. That is by using the Circle services to invest in digital assets. You can also purchase USD Coins to use in your investing, which provides another indirect investment into Circle.
Should you buy circle (CND) stock before the SPAC IPO?
SPACS have become increasingly popular. There was only one SPAC IPO in 2009, this grew to over 50 by 2019 raising $13B, and 2020 saw 248 SPAC IPOs raise more than $80B. Circle will merge with Concord Acquisition Corp (CND) as part of this deal. So if you want to gain exposure to Circle before they list, buying CND stock is one way to do so.
What is circle and how does it work?
Today, Circle’s primary product is USDC, the “digital dollar” that’s backed by U.S. dollars. If you’re new to the space, USDC is a stablecoin, meaning it holds its value over time (as opposed to digital currencies like bitcoin, which are wildly volatile). You put in one U.S. dollar, you get one USDC. Simple. Instant. Free.
How to Invest in Circle Stock
Circle, one of blockchain’s biggest and most respected companies, is going public on the New York Stock Exchange.
The Internet of Value
When we were interviewing Jeremy Allaire, Circle’s CEO, for our case study in Blockchain Success Stories, he likened the digital movement of money to the digital movement of information. Just as the Internet made it easier than ever to share digital information, the next iteration of the Internet would make it easier to share digital value.
Why You May Want to Invest
Experienced management team. Circle is led by Jeremy Allaire, a serial entrepreneur with a track record of success: first with software company Allaire Corporation (which went public in 1999), then with online video platform Brightcove (which went public in 2012).
Why You May Want to Wait and See
Financials. The Investor Presentation is light on financial details. Unlike Coinbase’s recent IPO filing, which listed past years of historical growth, Circle is only sharing estimated 2021–2023 numbers, which are basically projections.
The Internet of Value
When we were interviewing Jeremy Allaire, Circle’s CEO, for our case study in Blockchain Success Stories, he likened the digital movement of money to the digital movement of information. Just as the Internet made it easier than ever to share digital information, the next iteration of the Internet would make it easier to share digital value.
Why You May Want to Invest
Experienced management team. Circle is led by Jeremy Allaire, a serial entrepreneur with a track record of success: first with software company Allaire Corporation (which went public in 1999), then with online video platform Brightcove (which went public in 2012).
Why You May Want to Wait and See
Financials. The Investor Presentation is light on financial details. Unlike Coinbase’s recent IPO filing, which listed past years of historical growth, Circle is only sharing estimated 2021-2023 numbers, which are basically projections.
The Home-Run Investment Scenario
Powell went on to say, “You wouldn’t need cryptocurrencies if you had a digital U.S. currency.” Let that statement sink in.
Taking on Less Risk
In our portfolio of 33 tech stocks we’re holding about 25% in cash, something that points to our risk aversion. When you consider that our entire tech portfolio – cash and all – only constitutes about 20% of our total a ssets u nder m anagement ( AUM ), you may think we’re being too risk averse.
About Circle Stock
Founded in 2007, Bahstun’s own Circle has raised $711 million in disclosed funding to help businesses of all sizes “harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide” with some Robinhood-like “raising global economic prosperity” shtick thrown in for good measure.
Frictionless Finance
There’s something to be said for the “frictionless transfer of value” that Circle talks about, but isn’t that what the big payments firms – Square, Adyen, PayPal – are already doing? The Circle investment deck seems to address this with reference to “the Circle advantage: digital-asset macro tailwinds with deep treasury and payments integration.” Here’s the obligatory Venn diagram which makes things clear as mud..
Should I Buy Circle Stock?
Let’s say that the Nasdaq slides back down to where it was when the market started panicking about The Rona back in March of 2020. For the Nasdaq to reach that point again, it would need to fall about -53%. It’s not unreasonable to think that the Nasdaq could test that low again should some economic crisis happen.
Conclusion
As investors take on more and more risk, we find it increasingly important to be risk averse. Sure, we might be missing out on some upside, but that accusation is usually leveled by people who have never felt true pain in their portfolios.
