Citi Bullish on Circle: ’Valuation Not Stretched,’ Initiates Coverage With Buy Rating

BTCC / BTCC Square / Coindesk /

Author:

Coindesk

Release Time:

2025-07-01 12:29:17

Circle's Valuation Not Stretched, Says Citi, Starting Coverage With Buy Rating

Citi just handed Circle a golden ticket—and Wall Street's scrambling to read the fine print.

The takeaway: Analysts see upside in the stablecoin giant despite crypto's regulatory circus. No 'overvalued' alarm bells here.

Why it matters: Institutional money needs permission slips to play in crypto. A big-bank endorsement? That's the holy grail.

Bonus jab: Meanwhile, traditional finance still thinks blockchain is that thing you use to track soybeans.

By:

Log in to Reply

Securitize & Redstone Launch ‘Trusted Single Source Oracle’ – Bulletproofing Tokenized Fund NAVs in 2025

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.